vn04
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Vietnam among 18 outperforming emerging economies

The Hanoitimes – Emerging economies have accounted for almost two-thirds of the world’s GDP growth and more than half of new consumption over the past 15 years yet, as individual countries, their economic performance varies substantially. Vietnam has been classified among the best performing emerging economies, according to a new McKinsey Global Institute (MGI) report. The […]

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indo02
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Indonesia: Higher consumer goods import tax effective today

The higher import tax on consumer goods is effective as of Sept. 13 as part of the government’s efforts to slow imports and improve its current account. Under a recently issued finance ministry regulation, the government has imposed a 10 percent on consumer goods range from cosmetics to household appliances, to clothes, hobby equipment, electronics, automotive products and to food and beverages. The new […]

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malay01
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Malaysia: Govt mulls tax structure for foreign digital service providers

KUALA LUMPUR: The Government is currently studying the tax structure for foreign digital service content providers, said Deputy Finance Minister Datuk Amiruddin Hamzah (pic). He said the ministry would look into the findings of the “Malaysia’s Digital Economy: A New Driver of Development” report first before coming out with any mechanism for the digital economy. “We are definitely looking into the matter […]

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