logo
Read More

Philippines: Health premiums: taxable wealth

Having friends know you are a tax professional in public practice makes you their go to person for any clarification and, at the same time, be the recipient of their apprehensions. This happened to me when Revenue Memorandum Circular (RMC) No. 50-2018 was issued.  The RMC further clarified the new income and withholding tax provisions of Republic […]

Read More
th01
Read More

Thailand: Border target out of reach this year

Thailand’s overall border trade is likely to miss the government’s 15% growth target thanks to the impact of heavy floods in Laos and Myanmar, the weakness of the Burmese kyat, and the deepening trade row between the US and China.  Adul Chotinisakorn, director-general of the Foreign Trade Department, said border trade, including transit trade, is expected […]

Read More
indo03
Read More

Bank Indonesia to issue cross-border QR code payment regulation

Bank Indonesia is preparing a cross-border regulation on QR code transactions that is expected to come into effect early next year. “The cross-border regulation is for regulating QR code transactions in rupiah made by foreign players,” a BI source said as quoted by kontan.co.id on Sunday. The unnamed source said the regulation would facilitate domestic financial institutions to cooperate easily with foreign platforms like WeChat and Alipay that offer QR […]

Read More
malay02
Read More

Malaysia: ‘Export opportunities for chemicals and chemical products in Vietnam and Cambodia’

KUALA LUMPUR: Malaysian companies are set to explore export opportunities for chemicals and chemical products in Vietnam and Cambodia through Malaysia External Trade Development Corp signature export promotion programme, Export Acceleration Mission. The EAM will take place in Ho Chi Minh and Phnom Penh from November 26-30. The initiative would capitalise on the booming demand […]

Read More
laos01
Read More

Laos: Restructure the economy, expert advises

To ensure steady economic growth, Laos would be well advised to restructure the economy with a view to stability and sustainability and in ways that reverse the current slowdown, a top analyst has advised. The message came from the President of the National Institute for Economic Research, Mr Bouasone Bouphavanh, when speaking on Friday at […]

Read More
th03
Read More

Thailand: IoT regulations due next year

A series of regulatory conditions for the Internet of Things (IoT) and related device connectivity are scheduled to be implemented by 2019 to handle machine-to-machine connectivity in the industrial sector, with 5G wireless broadband set for worldwide commercial launch by 2020.  The general data of IoT users could be used to optimise public benefits through big […]

Read More