KUALA LUMPUR: The key surprises in the Budget 2019 proposals are higher gaming tax and real property gains tax (RPGT), says CIMB Equities Research. It said on Monday the sector winners include healthcare and tobacco, while casino, aviation and property sectors are likely to see some dent to their earnings. “The key measures from the Budget could lower our 2019 FBM KLCI earnings growth forecast by one […]
Read MoreMANILA, Philippines — The escalating trade war between China and the US is expected to have a minimal effect on the Philippines but at the same time, the country cannot benefit massively from the shift in production chains, according to a new report by The Economist Intelligence Unit. In the report issued over the weekend […]
Read MoreSMART machines, digital technology and global oversupply have prompted businesses and industries to find their “blue oceans”, according to Professor W Chan Kim, director of the INSEAD Blue Ocean Strategy Institute. Kim, who is also co-author of the 2017 book “Blue Ocean Shift”, said at th recent Krungsri Business Forum in Bangkok that the global output of goods will continue rising […]
Read MoreBrunei has risen to 55 out of 190 economies in the World Bank’s latest rankings for ease of doing business, an improvement of one spot from the year prior. The Sultanate’s score of 72.03 percent is the fourth highest amongst ASEAN countries, behind Thailand, Malaysia and Singapore who came second overall for the third consecutive […]
Read MoreThe Hanoitimes – Major Vietnamese corporations said that the regulation has discouraged them from investing. A Vietnamese decree is in place to tackle transfer pricing abuse by firms, especially foreign multinational companies, but local enterprises complain they are caught in the crossfire. Decree No. 20/2017/ND-CP, which came into force in May 2017, regulates that interest expenses […]
Read MoreMyanmar is ranked 82 out of 88 countries in English proficiency ranking for non-native speakers, according to a survey by the EF English Proficiency Index (EF EPI). It is the first time the country appeared on the annual index, which has been published for the eighth consecutive year. Six ASEAN member states were ranked higher […]
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