AS Singapore strives towards its Smart Nation vision, it cannot escape the fact that it is also an ageing society. But rather than view the silver tsunami as a disaster to be averted, industry players say it is a wave that local businesses should catch. By one estimate, the ageing market sector in the Asia-Pacific […]
Read MoreAN Energy Industry Business Integrity Pact was signed by leaders from 10 major oil and gas operators in Brunei Darussalam, in a move to demonstrate their commitment to upholding integrity in business. The pact was signed on May 8, and by agreeing to the pact, the industry is conveying its zero tolerance message that any […]
Read MoreThe Hanoitimes – Online retailers need to cooperate with the Hanoi Department of Taxation and file tax returns in order to minimize future legal liabilities and risks. Vien Viet Hung, the deputy director of the Hanoi Department of Taxation, affirms the obligation of online retailers to collaborate with the department. Accordingly, since March 2017, the […]
Read MoreBanking and financial industry figures have called on the government to abolish the 10 percent value added tax on the sector and asked for further discussion. The industry thinks the tax will increase the burden on financial service users. The call came after the Ministry of Economy and Finance issued an order on May 25 […]
Read MoreAn economist supported Prime Ministerial Order No. 09 issued on May 19 to ensure the effective use of the State budget, but called for the government to promote stronger spending on local products. Independent and experienced economist Dr Mana Southichak told Vientiane Times recently that spending can be good for the country’s economy, but the […]
Read MoreMANILA, Philippines – The Department of Finance (DOF) said over the weekend it is possibile to lower the value-added tax (VAT) rate in the Philippines from the current 12 percent once the government is able to clean up the tax system and plug leakages caused by the numerous VAT exemption privileges under the law. “Our […]
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Thailand
