Economic growth in Myanmar slowed in the 2016-17 fiscal year despite notable reforms and a healthy level of foreign investment commitments, according to the World Bank’s Myanmar Economic Monitor. Over the medium-term, growth may well continue to fall short of expectations as the Rakhine humanitarian crisis continues to unfold. The World Bank has lowered its […]
Read MoreEconomic managers on Tuesday welcomed President Rodrigo Durterte’s signing of Republic Act 10963 or the Tax Reform for Acceleration and Inclusion (Train) law, which they claimed would usher in “real positive change” in terms of the country’s development. Finance Secretary Carlos Dominguez 3rd described the law’s approval as a “sign of maturity” for the Philippine […]
Read MoreKUALA LUMPUR: The stamp duty for properties costing more than RM1mil will remain at 3% with effect from Jan 1, 2018, the Finance Ministry said. It said on Wednesday the government will not go ahead with the proposal to raise the stamp duty from 3% to 4% for these properties as announced in the Budget […]
Read MoreSINGAPORE (The Straits Times/ANN) – Singapore’s exports continued to expand last month but well under October’s sizzling pace as electronics continued its slowdown. Non-oil domestic exports (Nodx) rose 9.1 per cent over November last year, down from the revised 20.5 per cent growth in October, trade agency IE Singapore said on Monday. October’s expansion was […]
Read MoreThe arrival of disruptive technology is expected to help boost the value of the digital economy, forecast to account for 19.4% of Thailand’s GDP next year, according to the latest University of Thai Chamber of Commerce (UTCC) survey. But the rise of disruptive technology is also expected to bring about large societal and economic changes, […]
Read MoreCambodian businesses need to adapt and digitise their financial operations if they want to remain competitive regionally and around the world, industry insiders said yesterday. Over 200 small- and medium- sized enterprises (SMEs) attended the first annual Tech Startup and SME Forum, hosted yesterday in Phnom Penh, which encouraged SMEs in the Kingdom to streamline […]
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