ASEAN News

November 15, 2018

Indonesia: Bappenas Stresses Need to Boost Export to Cover Deficit

TEMPO.CO, Jakarta – Minister of National Development Planning/head of the National Planning Board (Bappenas), Bambang Brodjonegoro, has stressed the importance of boosting export to cover the rising trend of current account deficit. “It is true that the problem in oil and gas sector has caused the deficit. But if we can export more, the deficit can be covered,” Brodjonegoro stated on Wednesday. The central bank, Bank Indonesia (BI), has recorded an increase of current account deficit (CAD) in the third quarter of 2018 […]

November 15, 2018

Philippines: 4th tax reform package seen to boost capital market

MANILA, Philippines — The government is seeking to further boost the domestic capital market by harmonizing tax rates on capital income and financial products as proposed under the fourth tax reform package, the Department of Finance (DOF) said Wednesday. In a presentation to the House Committee on Ways and Means, Finance Undersecretary Karl Kendrick Chua […]

November 15, 2018

Malaysia: Last chance for non-compliant taxpayers to come clean, says EY

KUALA LUMPUR: The special voluntary disclosure programme under the Budget 2019 is the last window of opportunity for non-compliant taxpayers to voluntarily disclose assets held in and income derived from offshore accounts, says a tax consultant. Amarjeet Singh, who is a partner and the Malaysia tax leader of Ernst & Young Tax Consultants Sdn Bhd, said […]

November 15, 2018

Myanmar: Reinstatement of rice tariffs unrelated to politics: Brussels

The European Union will decide whether to restore tariffs on Indica rice imports from Myanmar in a bid to protect its own producers early next year. Brussels has denied the move is related to the country’s alleged human rights violations in northern Rakhine. “The rapid increase of Myanmar’s Indica rice exports has overwhelmed some European […]

November 15, 2018

Vietnam: Pharmaceutical retail market heats up with big players

The Hanoitimes – According to Business Monitor International (BMI) data, revenue of the Vietnamese pharmaceutical market was US$5.2 billion last year and which is forecast to reach US$7.7 billion in 2021. That large retailers with strong financial strength and good governance joining the Vietnamese drugs distribution market is expected to drive the domestic pharmaceutical retail market […]

November 14, 2018

Thailand: New tourist draws added

In addition to the visa fee waivers approved last week, the cabinet on Tuesday approved more measures to lure foreign visitors. The measures include double-entry visas for six months and special discounts at Thai malls under the “Amazing Thailand Grand Sale: Passport Privileges” campaign, running from Nov 15 to Jan 15, 2019. The measures aim […]

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

Contact Us