The Thai business sector has voiced concern that the rapid gain of the baht will take a toll on exports, causing the economic recovery to falter, says the Thai Chamber of Commerce (TCC). Chairman Kalin Sarasin said the business sector wants the Bank of Thailand to monitor baht movement closely to ensure it is ready […]
Read MoreTEMPO.CO, Jakarta – Finance Ministry recorded a tax revenue that reached Rp463.5 trillion in May, which is 30.9 percent from the 2017 State Budget target. The government is targeting to achieve Rp1,498.9 trillion of tax revenue by the end of this year. “It’s a positive growth, this is 13.9 percent better than the previous year. Our […]
Read MoreMANILA, Philippines – The World Bank expects a steady economic growth for the Philippines until next year, driven by public and private investment. Based on the World Bank’s June 2017 Global Economic Prospects report, the Philippines is expected to post a steady 6.9 percent growth this year and the next, led by a pickup in […]
Read MoreTOKYO, Japan (Kyodo) — Lao Prime Minister Thongloun Sisoulith said on Monday in Tokyo that international and regional frameworks, including Asia-Pacific Economic Cooperation Forum and the 10-nation Association of Southeast Asian Nations, have “great importance in moving forward the process of globalisation”. Attending a business forum, he noted concern over the rise of antiglobalisation movements […]
Read MoreZhou Rong, a senior research fellow at the Chongyang Institute for Financial Studies at Renmin University of China in Bejing, told the Chinese state-run Global Times that the China-Myanmar Border Economic Cooperation Zone was likely to be established at the border between Yunnan province and Kachin State. On May 17, the Communist Party-run newspaper quoted […]
Read MoreThe Revenue Department’s collection fell short of target by 80 billion baht for the first eight months to May, largely due to the steep decline in petroleum income tax. The tax shortfall adds to the country’s largest tax-collecting agency a possibility of failing to miss this fiscal year’s target. Petroleum income tax for the eight […]
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Thailand
