indo01
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Indonesia: Govt drafts plastic bag tax regulation for 2019

The government is drafting a regulation to tax plastic bags next year in its effort to reduce plastic waste. “So the excise is for plastic bags, not for plastic bottles,” Finance Ministry customs and excise director general Heru Pambudi said on Thursday at his office in Tangerang, Banten, as quoted by kompas.com. He said the regulation, the draft for which was being […]

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Philippines remains at risk from capital outflows — Moody’s

MANILA, Philippines — Moody’s Investors Service said emerging markets, including the Philippines, remain inherently vulnerable to the risk of capital outflows associated with tightening global liquidity. In a report, Moody’s said 19 emerging countries have experienced $2 billion in net outflows in the second quarter. Data from the Institute of International Finance showed net capital […]

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PwC: Almost half of Thais victims of fraud

Almost half of Thai respondents were victims of fraud or other economic crimes in the last two years, up significantly from just above a quarter in the 2016 survey, according to PwC’s 2018 Global Economic Crime and Fraud Survey.  The portion nearly doubled to 48% in 2018 from 26% two years ago, the survey said.  The […]

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Non-life insurance companies in Vietnam open doors for more investments

The Hanoitimes – Domestic non-life insurance companies expect the additional investment capital will help them expand distribution networks and enlarge market shares in the prosperous but competitive market. Bao Long Insurance Corporation has so far approved a plan to increase capital through share issue, with priority for foreign investors. Accordingly, the company’s capital will increase from […]

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