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Indonesia: Consumer confidence index rises 1% to 99.5 in May

The consumer confidence index (CCI) rose 1 percent to 99.5, from 98.5 in May, after declining by 2.2 percent in April, according to Danareksa Research Institute’s (DRI) survey. “Our latest survey reveals that consumers gave more positive assessments on current economic conditions and the state of the job market,” said DRI in a press statement […]

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Human resources the key for Asean economic integration: PM

Prime Minister Thongloun Sisoulith has highlighted the significance of human resource development to boost economic growth and enable Laos to better integrate with the rest of the region and the world. The prime minister delivered the message when addressing over 500 students and academics at Champassak University on Friday.  He called on lecturers and scholars […]

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Malaysia: Impact of SST

PETALING JAYA: The reintroduction of the sales and services tax (SST) in September this year will see lower prices of goods in general, but there could be a potential spike in the prices of some items, including the cost or charges for services rendered. Tax Advisory and Management Services Sdn Bhd tax consultant Yong Min […]

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Indonesia: Cryptocurrencies decided as future trading commodity

The Trade Ministry’s Futures Exchange Supervisory Board (Bappebti) has decided cryptocurrencies would be future trading subjects or commodities at the bourse, even though Bank Indonesia (BI) does not recognize such currencies as payment instruments. “The Bappebti head has signed a decree to make cryptocurrency a commodity that could be traded at the bourse,” said head […]

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Vietnam: Retail sales, services revenue up by 10.1%

Viet Nam’s total revenue from retail sales and services in the first five months of this year maintained a high growth since the beginning of the year. This was partly due to improving living standards of the people, according to the General Statistics Office (GSO). The total revenue rose by 10.1 per cent year-on-year to […]

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