The land and buildings tax to be levied on vacant land will increase by 0.5 percentage points every three years until it is capped at 5%, says Deputy Finance Minister Wisudhi Srisuphan. The change in taxation is aimed at prompting landlords to use their land. The incremental tax rate will take decades to hit the […]
Read MoreIts sustainability may be difficult due to new financing schemes PETALING JAYA: The high level of household debt in the country is far from over and has room to creep up although the latest data by Bank Negara showed slower growth in household loans last year. Economists and analysts told StarBiz that although the household […]
Read MoreTEMPO.CO, Jakarta – Hundreds of regional elections will be held simultaneously in Jakarta and other regions on Wednesday, February 15, 2017. Expert says that the elections, particularly that of Jakarta, would not have a significant impact on the economy. “Jakarta gubernatorial election’s impact on the economy [will be] limited,” SKHA Institute for Global Competitiveness chief economist […]
Read MoreMANILA, Philippines – Inflation is unlikely to slip back towards two percent anytime soon and is seen to hit three percent within the first quarter of the year, DBS Bank Ltd. said. The consumer price index kicked up to its highest in over two years after climbing to 2.7 percent in January from 2.6 percent […]
Read MoreMANILA, Philippines – Yellow Cab Pizza, the homegrown pizza brand of Max’s Group Inc. (MGI), is expanding in Vietnam. In a statement, MGI said it has inked an agreement with Blue Star Food Corp. to put up 12 Yellow Cab Pizza stores in Vietnam within the next five years. MGI president and CEO Roberto Trota […]
Read MorePETALING JAYA: Malaysian banks are poised to benefit from the fast-growing Cambodian economy, says TA Research. The research house noted that the government had been very supportive in developing the financial system there. “At present, the country does not impose a limit on foreign shareholding in domestic banks. That said, there are currently 36 commercial […]
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Thailand
