indo01
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Indonesia: Lobby groups want more talks on taxation bill

Two major lobby groups, the Indonesian Chamber of Commerce and Industry (Kadin) and the Indonesian Employers Association (Apindo), have welcomed the House of Representatives’ decision to delay the deliberation of the General Taxation System (KUP) bill. They argue that the postponement of the bill’s deliberation, which was initially targeted to be completed this year, would give stakeholders adequate time to […]

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malay02
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Malaysia and Japan ink halal cooperation deal

TOKYO: Malaysia and Japan have signed a memorandum on halal cooperation to pave the way for more business opportunities in the halal industry. The agreement was signed by Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof and Japanese Economy, Trade and Industry Minister Hiroshige Seko. Mohd Redzuan said the cooperation sent a strong signal on the seriousness of both countries in realising a win-win collaboration. He […]

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phil01
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Philippines: Fiscal gap swells as spending surges in Oct 2018

MANILA, Philippines — The country’s fiscal deficit ballooned by 175 percent to P59.9 billion in October from only P21.8 billion a year ago as revenue failed to keep up with the government’s aggressive spending program, the Bureau of the Treasury reported yesterday. This brought the government’s cumulative deficit to P438.1 billion from January to October, 87 percent […]

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