National Development Planning Minister Bambang Brodjonegoro says the government is working to narrow the economic disparity among the regions as currently, economic activities are mostly centered in Java and Sumatra. “We will focus on finding solutions on how to balance economic development between Java and other islands,” said Bambang in Jakarta on Thursday when announcing […]
Read MoreThe San Francisco-headquartered Asia Foundation has launched the Myanmar tax attitudes paper this month. The publication reveals that a clear majority thought taxes were fair while urban citizens surveyed were more positive about tax than those in more rural areas. In 2017, The Asia Foundation and the Yangon School of Political Science conducted the City Life […]
Read MoreCambodia’s agricultural exports to Asean countries was valued $1.2 billion in 2017, up 66 percent on a year earlier, Commerce Ministry figures show. The rise comes amid streamlining of certificates of origin, issued before agricultural products are sent abroad. Ministry spokesman Seang Thay said Thailand and Vietnam were the main markets for Cambodia. “We export […]
Read MoreJAKARTA: Malaysian palm oil futures slid slightly in early trade on Friday, as disappointment lingered over the government’s decision to resume taxing exports of the edible oil. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange fell 0.73 percent to RM2,432 (US$621.20) per tonne at the midday break. Prices held […]
Read MoreMANILA, Philippines — The newly enacted tax reform law is expected to slash the government’s income tax collections by P10 billion a month, the Department of Finance (DOF) said yesterday. In a statement, Finance Secretary Carlos Dominguez III said the government is estimated to lose P10 billion in tax collections monthly due to the reduction […]
Read MoreThe Revenue Department will allow five department stores to offer value-added tax (VAT) refund services for foreign tourists as a pilot project, a move meant to offer convenience to international shoppers and encourage spending. With the tax refund service at department stores, foreign shoppers can claim a VAT refund at places where they buy products and services, […]
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Thailand
