TEMPO.CO, Jakarta – President Joko Widodo or Jokowi said that there is one factor hampering the government in taking Indonesia to a level where the country is acknowledged as competitive by the international community. “What crushes our competitiveness is corruption, it is our common enemy,” said President Jokowi during a meeting with the House of Representatives (DPR) […]
Read MoreTEMPO.CO, Jakarta – The Indonesian governments debts have reached Rp3,779.98 trillion as of late July 2017 to achieve the countrys economic growth target, the Directorate General of Financing and Risk Management of the Finance Ministry said. The debts that resulted from state securities were worth Rp3.045 trillion and those from new loans were worth Rp734.98 trillion, which accounted […]
Read MoreLocal small and medium-sized enterprises (SMEs) in ASEAN’s fastest-growing market are unable to develop and grow because they are bogged down by a slew of bureaucratic and administrative difficulties, business leaders and politicians said. Local businesses in Myanmar have been suffering from challenges such as lack of access to capital and intellectual property (IP) protection […]
Read MoreThe cabinet yesterday approved the extension of the 7% value-added tax (VAT) rate for another year, saying a hike could derail the economic recovery. According to Kobsak Phutrakul, assistant minister to the Prime Minister’s Office, the extension will cost the government an estimated 232.6 billion baht in lost revenue from tax collection until Sept 30 […]
Read MoreE-commerce is one of the top five most popular activities of Thai mobile users, according to a survey by the Electronic Transactions Development Agency (ETDA). The ETDA’s latest survey shows that e-commerce is one of the top five most popular activities for Thai mobile users. Conducted in July with 10,000 respondents, the poll found that […]
Read MoreBangladesh has signed a deal to buy 250,000 tonnes of milled rice from Cambodia, two weeks after the two countries signed a memorandum of understanding. The purchasing agreement was made on Monday after the officials from state-owned Green Trade Company and the Cambodia Rice Federation (CRF) flew to Bangladesh last week to negotiate in detail […]
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Thailand
