The Board of Investments (BoI) is aiming to approve P680 billion worth of investments this year, 10 percent higher than last year’s record P617 billion, a senior Trade department official said on Monday. “We are targeting P680 billion [in]investments this year. We continue to collaborate and monitor those investors who have expressed interest to invest […]
Read MoreTEMPO.CO, Jakarta – Coordinating Economy Minister Darmin Nasution admitted that the problem of data on harvested area and rice production has various differences. Therefore, Darmin said, the government asked the Central Statistics Agency (BPS) in cooperation with the Assessment and Application of Technology (BPPT) to make data collection and estimation on the area of planting and harvesting and rice […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) said employees of regional operating headquarters (ROHQ) would no longer enjoy special tax rates on their gross income under the new tax reform law. In an interview, Finance Secretary Carlos Dominguez said the 15 percent special tax rate on the gross income of employees of ROHQs is […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) said the Tax Reform for Acceleration and Inclusion (TRAIN) Law is a necessary revenue collection reform to shore up revenue for vital government expenditure. The tax reform law which was implemented beginning this month lowers personal income taxes but imposes higher tax on fuel, automobiles, sugary beverages […]
Read MoreKUALA LUMPUR/SINGAPORE: The leaders of Malaysia and Singapore are expected to discuss plans for a high-speed rail project linking their countries during summit talks on Tuesday, as a deadline to award the multi-billion dollar project nears. The high-speed rail valued by analysts at about $17 billion is the biggest project undertaken by the Southeast Asian […]
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Thailand
