MANILA, Philippines — The House of Representatives yesterday slashed the proposed hike in the excise tax rates of alcoholic beverages under a consolidated bill which merges House Bills 4839 and 8286. According to data acquired by reporters, the technical working group (TWG) formed by the House of Representatives Ways and Means Committee has approved the […]
Read MoreSingapore, Hong Kong and Malaysia are Asia-Pacific’s top three countries at developing, attracting and retaining highly-skilled professionals, according to a ranking published on Wednesday (Nov 21) by the International Institute for Management Development (IMD). Using data and the responses from its annual survey of 6,000 executives, IMD assessed 63 countries on areas like education, apprenticeships, workplace training, language skills, […]
Read MoreThe Hanoitimes – The country’s internet economy is projected to reach US$33 billion by 2025, at a compounded annual growth rate (CAGR) of 25% in 2015 – 2025. Vietnam’s internet economy has made a turnover of US$9 billion in gross merchandise value (GMV) in 2018 across online travel, e-commerce, online media and ride hailing, which is […]
Read MoreTax incentives have played a vital role in multinational firms investing in Asean, but their effectiveness has been reduced for high-tech companies and those that already operate in the region, according to research conducted by a lecturer at Chulalongkorn University’s economics department. Tax holidays have a significant effect in attracting multinational companies to invest, particularly in […]
Read MoreBANGKOK: Bangkok may be among the world’s top 10 tourism destinations, but for overseas investors it’s about as popular as a beach holiday in the Arctic. Foreigners sold a net US$8.7bil or so of Thai stocks this year, the most since data began in the late 1990s. On the face of it, that’s a puzzle. […]
Read MoreTEMPO.CO, Jakarta – The Ministry of Transportation has threatened to give stricter sanctions to Grab Indonesia. Grab, an applicator for online transportation service provider has received a written warning after a number of sexual harassment cases committed by the driver partners to its service users. “It does not mean that we cannot be more assertive,” said Director General […]
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Thailand
