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Indonesia: Tax DG: Tax Revenue Slows Down

TEMPO.CO, Jakarta – The Finance Ministry’s Tax Directorate General reported a slowdown of tax revenue in 2016  compared to 2015. “Currently, the growth [of the tax revenue] is slowing down. The revenue had missed the target,” Tax DG’s director of tax compliance and revenue Yon Arsal said at his office in Jakarta on Tuesday, January 17, […]

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Thailand: Ministry proposes Bt20 bn SME development fund

THE Finance Ministry will today propose to the Cabinet an SME development fund with the initial size of Bt20 billion in an effort to sprout small and medium-sized enterprises in the agricultural, tourism and service industries across the country. Deputy Prime Minister Somkid Jatusripitak, after chairing a meeting on the integration path to develop SMEs […]

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Philippines: The future is in agribusiness

The global unemployment rate will increase to 5.8 percent representing 3.4 million people or a total of 201.1 million, according to the World Employment and Social Outlook-Trends 2017 report recently released by the International Labor Organization. This gloomy picture is attributed to the weak economic growth in many regions, in particular Sub-Saharan Africa, Latin America […]

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Vietnam: Firms hopeful about 2017

HA NOI – Vietnamese firms are mostly optimistic about their business results for 2017, driven by the improved macro-economy coupled with Government efforts to improve the business climate and remove obstacles. A survey by the General Statistics Office amongmanufacturing and processing firms found that 81 per cent of respondents expected stable or better business results […]

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