Inflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities, particularly petroleum and agricultural goods, with the National Bank of Cambodia (NBC) saying the low inflation rate was a product of sound macroeconomic management. According to NBC’s annual report, the price of the basket of goods […]
Read MoreHOLDERS of Singapore’s red passport have more reason to cheer as latest rankings show the Republic has climbed two spots from 2017 to bag second place globally in the 2018 Henley Passport Index. In the ranking – which tabulates the number of countries a passport enjoys visa-free access to – Singapore passport holders enjoy visa-free […]
Read MoreBusinesses have agreed on a planned minimum wage hike, details of which are to be settled by mid-month, but they argue that the increase should not be imposed at the same rate nationwide. They also warn that the 3 million small and medium-sized enterprises (SMEs) and the farm sector will be hit hardest by the […]
Read MoreMANILA, Philippines —The first package of its tax reform measures will not lead to increases in prices of basic commodities, according to Trade Secretary Ramon Lopez, as the government tries to calm the public over worries that the new law will result in spike in household expenses. President Rodrigo Duterte signed the tax reform measure […]
Read MoreSINGAPORE’S property market came in as the most promising one among Morgan Stanley Research’s rankings of Asean markets which include the Philippines, Thailand and Indonesia. So bullish is the research house on the Singapore market that it actually expects home prices to rise 8 per cent this year and again in 2019, as rising buyer […]
Read MoreFiscal incentives have led to the Philippines recording the lowest collection efficiency in the region with regard to corporate income taxes, the Finance department claimed on Tuesday. In a statement, the department noted that the country — which imposes the highest corporate income tax rate in the Association of Southeast Asian Nations at 30 percent […]
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Thailand
