THE THAI Retailers Association (TRA) is to appeal to the Revenue Department to reconsider five locations it has proposed for value-added tax (VAT) refunds to foreign tourists other than at airports, TRA president Worawut Oonjai said yesterday. The five strategic locations are: Siam Paragon, CentralWorld, Central Chidlom, The Emporium and Robinson Sukhumvit malls. Worawut’s call […]
Read MoreKUALA LUMPUR: The World Bank sees Malaysia’s economy growing at a slower pace from this year up to 2020 but it also expects the fiscal deficit to narrow, depending on the economic growth. In its outlook report issued on Thursday, it expected growth to moderate to 4.9% this year and 4.7% next year and at […]
Read MoreMANILA, Philippines — The government should focus in making power rates in the country competitive and address inefficient transport and telco services to attract more foreign direct investments (FDI) and achieve inclusive economic growth, the Philippine Chamber of Commerce and Industry (PCCI) said. In a press conference yesterday, PCCI president Alegria Sibal-Limjoco said the country has […]
Read More[SINGAPORE] Singapore authorities are looking to apply stricter control measures across the marine fuels sector supply chain, a spokesman for the government agency Enterprise Singapore said on Thursday, to boost transparency and accountability in a notoriously opaque industry. The Technical Committee for Bunkering has submitted a proposal to the national standards body, Enterprise Singapore, for a new standard on quantity, measurement and […]
Read MoreA group of retailers has called on the government to think twice about the downtown value-added tax (VAT) refund contract for foreign tourists outside airports, reasoning that Siam Paragon, CentralWorld, Central Chidlom, The Emporium and Robinson Sukhumvit are located in areas with the highest tourist densities, making them the most appropriate refund points. The five malls […]
Read MorePoverty in Cambodia has fallen dramatically over the last two decades, and continues to fall at a rapid pace, said a high official of the UNDP to Khmer Times yesterday. All the poverty rateslines, either based on income and other dimensions, have seen big reductions at a gradual pace, often surpassing its peers in the Asia Pacific […]
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Thailand
