TEMPO.CO, Jakarta – Head of the Corruption Eradication Commission (KPK) legal bureau suggested that entrepreneurs would have no reason to worry about KPK’s plan to introduce an anti-corruption policy that would affect the private sector. Head of KPK legal bureau Setiadi said that entrepreneurs should openly welcome the agency’s plan since he claims that it would attract […]
Read MoreBilateral trade between Cambodia and Thailand reached $6 billion last year, up 10 percent from the year before, according to a Thai Embassy official. Jirawuth Suwanna-arj, minister counsellor at the Office of Commercial Affairs in the Thai Embassy, announced the figure yesterday at an event sponsored by the Thai Ministry of Commerce. “We project that […]
Read MoreThe government will take action against those popular restaurants which do not affix commercial tax stamps properly,Yangon Region Minister for Planning and Finance U Myint Thaung said on February 20 at the regional legislature. Some retail stores, department stores and restaurants charge a 5 percent consumer tax fom customers. But nobody knows whether the 5 percent […]
Read MoreMANILA, Philippines — The country’s socioeconomic planning chief on Wednesday said policymakers should “rethink” what financing scheme must be implemented to fund the Duterte administration’s aggressive infrastructure push. That was after estimated take from a new tax law turned out to be less than what the government had hoped to raise. “That shortfall in the […]
Read MoreThe Hanoitimes – Truong Hai Auto Corporation (THACO) inaugurated its agricultural machinery factory at Chu Lai Open Economic Zone in Quang Nam province on February 21. The construction of the THACO factory commenced in January 2017 on an area of 12,500sq.m, representing an investment of VND500 billion (US$22 million). The factory will produce agricultural tractors, harvesters, […]
Read MoreBANKS with operations here are likely to be watching their expenses on imported services a little closer than before, as a small portion of goods and services tax (GST) will be levied on them in two years’ time. This will not just hit the three Singapore banks buying services from abroad, but will also affect […]
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