MANILA, Philippines – Economists of private banks lowered their inflation forecasts for this year and next year amid the lingering uncertainty over the global economic growth and lower oil prices, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP). Zeno Ronald Abenoja, director at the BSP’s Department for Economic Research, said results […]
Read MoreMANILA, Philippines — Filipinos, especially the working class, have long called for a tax system that is fair and simple. There is now hope as the House of Representative has approved on third and final reading House Bill 5636, or the Tax Reform for Acceleration and Inclusion (TRAIN). Once passed as law, it will be […]
Read MoreTEMPO.CO, Jakarta – Workers who are members of the Indonesian Trade Unions Confederation(KSPI) reject the government’s plan to lower the limit of non-taxable income (PTKP), arguing it will further burden of people with low-income. KSPI President Said Iqbal said in Jakarta, Sunday that the government should focus on taxing more from big taxpayers, especially people and businesses who still owe taxes. He argued further that the low-income workers still have lo purchasing power, […]
Read MoreThe Excise Department will bring up taxes over six years to help drink manufacturers gradually lower the sugar content of their products to meet the department’s threshold or face a significant rise in tax. The grace period will be divided into two phases of three years each, said department planning bureau director Nutthakorn Utensute. The department […]
Read MoreThe government has recommended over 1,000 domestic small and medium-sized enterprises (SMEs) to receive loans from banks, according to the Central Department of Small and Medium Enterprises Development (CDSMED). More than 1,000 SME among an estimated 9,000 in Myanmar have been recommended by the CDSMED to receive loans, an official from the department told The Myanmar […]
Read MoreWith $3.2 billion worth of exports of suitcases, backpacks, and handbags in 2016, Vietnam was among the Top 5 largest exporters in the sector, according to the Leather, Footwear and Handbag Association (LEFASO). Vietnam ranked fifth among the ten largest exporters of suitcases, backpacks, and handbags the world over, contributing 5.4 per cent to last […]
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Thailand
