The Excise Department is imposing a tax on B20 biodiesel that is 82 satang lower than the B7 tax in a push to make the former’s retail price three baht per litre cheaper than the latter’s, says a senior official. The Oil Fund will subsidise the remaining 2.18 baht a litre, said Tibordee Wattanakul, director of […]
Read MoreThere is an “implicit bias against Chinese investments” in Myanmar, a report from the International Growth Centre argued, attributing the prejudice to the legacy of earlier Chinese projects in the country, including Myitsone Dam and Letpadaung Copper Mine. The way for Chinese firms to repair the tainted brand is to directly engage the affected communities and […]
Read MorePETALING JAYA: Higher retail fuel prices is the main reason that resulted in the rise of inflation in the country last month. According to the Statistics Department, the consumer price index (CPI), which is a gauge of headline inflation in the country, rose 1.8% in May from 1.4% in the preceding month. The pace of […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) yesterday delivered back-to-back rate hikes as inflation expectations remain elevated for this year as well as the risk of possible second-round effects from ongoing price pressures. BSP Governor Nestor Espenilla Jr. said in a press conference the Monetary Board decided to raise the interest rate on […]
Read MoreAs part of their new affordable housing policy, the government is calling on developers to submit proposals for low-cost housing projects under the promise of tempting incentives, including tax deductions. The government adopted its new affordable housing policy in 2017 in an attempt to improve the lives of low and middle-income Cambodians by encouraging developers […]
Read MoreAll enterprises that have been registered and have obtained a tax ID will have to comply with the Value Added Tax Law. Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, yesterday presented a draft of the amended Law on Value Added Tax to the National Assembly to consider and approve. According to the […]
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Thailand
