Bagan: Saha Group, Thailand’s largest consumer goods conglomerate, has vowed to continue investing in neighbouring countries like Myanmar, where it is scheduled to run a new Mama noodle factory in Mandalay starting this year. Chairman Boonsithi Chokwatana said Myanmar is a high-potential market as indicated by the company’s sales, averaging 20% growth during 2015-16. In […]
Read MoreTEMPO.CO, Jakarta – Bambang Eka Cahyana, president director of state-owned port operator PT Pelabuhan Indonesia I (Persero), also known as Pelindo I, said that North Sumatra ports will commence operations this year. Improvements to port infrastructure are expected to boost economic growth in the province. Bambang explained that the company has been stepping up construction […]
Read MoreHCM City’s customs department has said that it will closely control prices of taxable consumer goods with high import value and high tax rates to manage efficiently the taxable prices of import goods and to avoid loss to State revenue. The customs offices will hold talks about tax consultation with enterprises on fixing taxable prices […]
Read MoreSINGAPORE: With more than half of Singapore equities trading below their net worth, some investors are chasing profits by buying shares in companies that may be bought out or delisted by controlling shareholders or takeover firms. “Investors are looking for takeover candidates because prices have come off significantly,” said Justin Tang, a director of global […]
Read MoreMANILA, Philippines – Consumer prices accelerated to 2.7 percent in January, the fastest in more than two years since it registered at 3.7 percent in November 2014, the Philippine Statistics Authority (PSA) reported yesterday. The rapid uptick was driven mainly by the higher price adjustment in the heavily-weighted indices of housing, water, electricity, gas and […]
Read MoreTEMPO.CO, Jakarta – Earlier in August last year, President Joko Widodo instructed the Minister of Finance Sri Mulyani Indrawati to lower corporate income tax (PPh badan) to a globally competitive rate. Individual income tax will also be slashed to maintain peoples’ purchasing power. Revisions to tax laws are not expected to complete this year nor […]
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Thailand
