Efforts to introduce an effective, modern taxation system appear to be paying off as government coffers swelled last year, giving the state more revenue to use for development at a time when donor aid is drying up. Tax collection revenue grew by 15 percent to $1.49 billion last year, according to newly released data from […]
Read MoreVietnam’s military-run mobile network operator Viettel has been awarded a license to operate in Myanmar via a joint venture with two local telecom firms, less than six months after it was selected as the preferred foreign partner in the three-party consortium. Viettel Global, the outbound investment arm of the Vietnamese company, holds a 49 percent […]
Read MoreKUALA LUMPUR: Malaysia is open to negotiation with Indonesia on the possibility to harmonise the crude palm oil (CPO) export duties structure of both countries. According to Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong (pic), a meeting has been scheduled between both Malaysian and Indonesian parties to discuss this issue in early […]
Read MoreSINGAPORE – Inflation expectations in Singapore have edged up from their lowest level since September 2011, said the Singapore Management University (SMU) on Monday (jan 16). Weakness in global growth, exacerbated by the political and policy uncertainty particularly surrounding global trade in the US and Eurozone, might have prompted Singaporean households surveyed in December to […]
Read MoreThe Philippines will have to ramp up its total investment spending to an equivalent of 30 percent of gross domestic product (GDP) to achieve its goal of becoming an upper middle-income economy by 2022 and a high-income one by 2040, the socioeconomic planning body said over the weekend. As part of the target, the public […]
Read MoreKUALA LUMPUR/SINGAPORE: Singapore is set to be 2017’s hottest spot for initial public offerings (IPOs) in tropical Southeast Asia with sales of stakes in business and real estate trusts, while currency volatility and weak investor sentiment curb deals elsewhere in the region. Singapore’s stock exchange has promoted itself as a centre for business trusts and […]
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Thailand
