The government is advised to increase the ceiling for the import tax on goods purchased in other countries, currently US$250 for each individual and $1,000 for a family. “It is time to revise the policy by considering the inflation rate, people’s income and people’s purchasing power,” said Center for Indonesia Taxation Analysis (CITA) executive director […]
Read MoreMANILA, Philippines — Foreign investments approved by the country’s seven investment promotion agencies (IPA) fell 54.9 percent in the second quarter, the Philippine Statistics Authority reported over the weekend. Investment pledges cleared by the IPA in the second quarter amounted to P18.2 billion, down from P40.4 billion in the same period last year. These cover […]
Read MoreKUALA LUMPUR: Malaysia is on track to achieve budget deficit of 3% of GDP this year, says Treasury Secretary-General Tan Sri Dr Mohd. Irwan Serigar Abdullah. Malaysia studying ways to tax companies that have business in country but book their revenue overseas, he said at a conference. He was citing examples of Facebook, Uber and […]
Read MorePlans to build marketplaces as centers for trade in four major cities in Chin State during the 2017-2018 fiscal year are underway, Chin State minister for Electricity, Development, Tourism and Transportation Salai Isaac Khen told The Myanmar Times. By March 2018, markets will be built in Hakha, Paletwa, Mindat and Khai Kam. The market in […]
Read MoreThe United States is preparing to consider removing Thailand from its Priority Watch List on intellectual property infringements following the government’s serious crackdown on IP-related wrongdoings. The move, unveiled after a recent meeting between Commerce Minister Apiradi Tantraporn and US Trade Representative Rober Lighthizer, raises hope the country will be removed from the list it has […]
Read MoreHANOI — Promoting regional linkage from production to distribution is essential to turn the country’s southern part into a trade hub. Efforts have been made to establish regional linkage in recent years but there were bottlenecks to be removed to create breakthroughs, especially in developing a supply chain and logistics. For example, in the agricultural […]
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Thailand
