TEMPO.CO, Jakarta – Conventional business regulations are hampering the collection of e-commerce taxes by the Directorate General of Tax. The prevailing tax regulations require the physical presence of taxpayers in tax reporting. “In the digital era, the physical presence is no longer important. People can work and make money anywhere,” Tax DG official Ahmad Sadiq Urwah said […]
Read MoreKUALA LUMPUR: Standard Chartered Global Research has raised its 2017 GDP growth forecast for Malaysia to 5.4% from 4.6% underpinned by the strong first half performance but it expects growth to moderate in the second half. It said on Wednesday this reflects strong first half (H1) growth of 5.7%, although it still expects growth to […]
Read MoreMANILA, Philippines – The Philippine Economic Zone Authority (PEZA) has decided to pre-qualify the proposed projects involving alleged “notorious Taiwanese fugitive swindler” You-Hao Chen. Director general Charito Plaza said PEZA has granted in late July pre-qualification clearance to First Pangasinan Industrial Corp.’s planned mixed-use economic zone in Pangasinan. First Pangasinan is a 60 percent Filipino […]
Read MoreSPECIAL Economic Zones (SEZs) in Myanmar should encourage policy experimentation and focus on tech spillovers, an economist told The Myanmar Times. By early June, 95 percent of the land plots in Thilawa SEZ zone A had been sold and the building of manufacturing plants is ongoing, while zone B is already under construction. At the same time, Dawei […]
Read MoreFrom the Thilawa Special Economic Zone (SEZ) to a large-scale mixed development project just opposite Shwedagon Pagoda in the heart of Yangon City, Japan’s presence in Myanmar is growing fast. Since 2012, its combined investments in Thilawa and that approved by the Myanmar Investment Commission (MIC) have risen by 6.3 times, to US$341 million in […]
Read MoreMANILA, Philippines – Investment pledges approved by the Philippine Economic Zone Authority (PEZA) continued to rise significantly, buoyed by optimism on the current administration and the country’s sound economic fundamentals. PEZA director general Charito Plaza said yesterday projects approved by the agency soared 89.4 percent in the seven months to July to P132.66 billion from […]
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Thailand
