SALARIES across industries in Singapore will likely rise by an overall 3.9 per cent next year, without taking into account inflation, human resource consultants Mercer said on Wednesday. The majority of industries in fact will enjoy higher salary increases, with the exception of the life insurance, Internet, real estate, banking and logistics industries. The findings […]
Read MoreSince last year, Thailand has become a member of two global groups combatting international tax avoidance. First, the Global Forum on Transparency and Exchange of Information for Tax Purposes requires member countries to exchange information for tax transparency. Second, the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) commits members to implement up to 15 action […]
Read MoreParliament is set to approve the 2018 Union Tax Law today. The bill will include regulations on tax amnesty provisions under which tax payers who have failed to pay tax in the past will be given the opportunity to pay up under lower rates, said Pyidaungsu Hluttaw Speaker Mahn Win Khaing Than. According to the […]
Read MoreMANILA, Philippines — The balance of payments (BOP) position of the Philippines continued to bleed as the deficit more than doubled in the first two months of the year with more US dollars exiting the country. Data released by the Bangko Sentral ng Pilipinas (BSP) showed the BOP shortfall reached $961 million in the first […]
Read MoreKUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) sees the headline inflation rate to ease markedly to 1.8% in February 2018, following two consecutive months of decline. In January, headline inflation fell to 2.7% and to 3.5% in December 2017. “The lower inflation in February is primarily attributed to negative growth contribution from transport fuel […]
Read MoreTHE Singtel Group plans to roll out mobile wallet interoperability across its network of regional associates in Asia by mid-2018, it said on Tuesday. Mobile wallet customers of Singtel and the group’s various associate telcos would then be able to make cashless payments in their home currency, using their home telco’s app, at physical merchants […]
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