BUSINESSES are growing wary of what may seem like protectionist suggestions to keep the Singaporean core in professionals, managers and executives (PMEs) jobs, which some say could backfire in the broader scheme of things. On Monday, Member of Parliament Patrick Tay called for the minimum qualifying salary for Employment Pass (EP) holders in the infocomm […]
Read MoreBusinesses are doing their best to manage the challenges and look for some opportunities from free trade agreements and COVID-19. Amidst the global recession caused by COVID-19, Vietnam continues to show signs of growth, with the World Bank’s latest report projecting Vietnam’s GDP to grow by 2.8 per cent this year if the global situation gradually […]
Read MoreProperty insiders have applauded the government’s move on capital gains tax collection but asked for its delay until the COVID-19 pandemic ends. Kim Heang, regional operating principal of the US-based real estate firm Keller William Cambodia, said it was a taxpayer obligation that is not a new thing in developing countries. He said some may […]
Read MoreMore foreign participation is forecast in Vietnam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development. The information was included in a recent report by Fitch Solutions on the outlook for Vietnam’s construction and infrastructure sector. According to […]
Read MorePETALING JAYA: A property research head and an economist continue to view the vacancy tax proposed by the Housing and Local Government Ministry with wariness. Economist Carmelo Ferlito said it is only “sound and wise” for developers to do market and financial feasibility studies before going into a project. “A feasibility study, or a business […]
Read MoreMANILA, Philippines — British banking giant HSBC warns of a possible double-dip consumer recession in the Philippines after Metro Manila and nearby provinces reverted to a stricter modified enhanced community quarantine (MECQ) as coronavirus disease 2019 or COVID-19 cases soared in August. In its latest ASEAN perspective, HSBC chief economist Joseph Incalcaterra said prospects for […]
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Thailand
