MANILA, Philippines — The implementation of the comprehensive tax reform program as approved by the Senate as well as the House of Representatives would not stoke inflation, according to economists. Michael Wan, economist at Credit Suisse, said the addition to the consumer price index (CPI) under the version of the Tax Reform for Acceleration and […]
Read MoreIt’s that time of year again, when salarymen yearn for year-end bonuses as a reward for their tireless efforts to boost productivity and strengthen companies’ operating results. Despite stronger corporate profits and improved economic momentum, employees should keep in mind that these factors do not always translate into higher bonuses, as cost-cutting measures and business […]
Read MoreIN the wake of weaker business conditions and consumer sentiment, coupled with a decline in manufacturing data, there are concerns that Malaysia’s recent strong economic growth may not be sustained. “Domestic demand has been lifting growth. Despite falling business conditions and consumer sentiment in the third quarter, Malaysians continue to spend and invest. “This lead […]
Read MoreChinese President Xi Jinping urged Myanmar’s State Counsellor Daw Aung San Suu Kyi to further strengthen and expand economic cooperation between their two countries. President Xi Jinping said their two countries should nurture new growth points, which includes the construction of China-Myanmar economic corridor with the purpose of advancing bilateral relations. Daw Aung San Suu Kyi […]
Read MoreMANILA, Philippines — The government plans to establish community-based economic zones within war-torn Marawi City to create jobs and livelihood for returning residents and ultimately help the city’s economy to recover, according to the Department of Finance (DOF). During a recent meeting with top officials of the Sumitomo Mitsui Banking Corp. (SMBC), Finance Secretary Carlos […]
Read MoreAsean has been celebrating its 50th birthday this year amid rising protectionist sentiment, which provides a challenging global context. Consequently, there has been much debate and reflection recently on the impact of globalisation and the fate of regional blocs. As the world becomes more connected through business, travel and technology, we have also become more […]
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Thailand
