TEMPO.CO, Jakarta plans to regulate the lowest fares for taxi-hailing services next month. “The top and bottom fares will be [regulated],” Director General of Transportation for the Ministry of Transportation Pudji Hartanto said on Tuesday, March 14, 2017. The Organization of Land Transportation (Organda) had earlier protested against the lack of minimum fares for taxi-hailing […]
Read MoreThe government will extend anti-dumping tariffs on steel pipes from China and South Korea and coiled and uncoiled hot-rolled steel from Brazil, Iran and Turkey until May 15 to protect the local industry. According to Commerce Minister Apiradi Tantraporn, who chaired a meeting of the anti-dumping and countervailing duties committee earlier this month, the panel […]
Read MoreThe Department of Finance (DoF) said various organizations are backing the “long-overdue” reforms in personal income tax (PIT) rates and other measures under the proposed Comprehensive Tax Reform Program. The tax reform package, as contained in House Bill (HB) 4774, aims to lower PIT rates from 32 percent to 25 percent, except for the ultra-rich, […]
Read MoreThe government of Australia will contribute US$2.5 million in additional funding for the ongoing Second Trade Development Facility Project (TDF II), aiming to improve trade and Laos’ business environment. An official launch ceremony for the additional financing took place yesterday at the Ministry of Industry and Commerce in Vientiane. The grant is funded by additional […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore’s larger companies created more jobs last year than small and medium-sized businesses for the first time since 2013 as the economy struggled in the face of sluggish domestic demand and a slump in global trade. Bigger companies – defined as those with annual revenue exceeding S$100 million or employing more than […]
Read MoreThailand is set to sign 16 partnership deals with Cambodia during this week’s trade delegation visit led by Deputy Prime Minister Somkid Jatusripitak. Commerce Minister Apiradi Tantraporn said five of the deals will be signed by government-to-government units and the remaining 11 will be between private-sector bodies. She said the Commerce Ministry’s International Trade Promotion […]
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