TEMPO.CO, Jakarta – Directorate General of Tax stated that financial data exchange and Automatic Exchange of Information (AEOI) for taxation purposes with Singapore will begin in September 2018. “We will begin information exchange with Singapore in September 2018,” said international taxation director at the tax DG John Hutagaol in Jakarta on Friday, Feb. 23. John admitted that the government […]
Read MoreThe Hanoitimes – The Ministry of Finance (MoF) is going ahead with its proposal to increase the environmental protection tax on fuel consumption. The Ministry says the reason behind the move is the “decreasing fuel import tax.” MoF explains that Vietnam is scheduled to cut the preferential import tax on fuel following its free trade agreement […]
Read MoreSeven foreign banks have received approval to provide export financing services, U Soe Thein, deputy governor at the Central Bank of Myanmar (CBM) told The Myanmar Times on Wednesday. Details of the banks have not been released, pending an official announcement. “Seven out of 13 banks have been given approval to provide export financing and its […]
Read MoreThailand’s digital economy is expected to reach US$37 billion (1.17 trillion baht) by 2025, out of $200 billion in Southeast Asia, of which e-commerce and ride-hailing services comprise the major share, according to a study by Google and Temasek. “Thailand’s digital economy is at an inflection point for growth as the country has emerged with […]
Read MoreINFLATION in Singapore remained flat in the first month of 2018, even though the prices of key items such as healthcare and education went up. There was no change in the consumer price index – the main measure of inflation – for the month of January compared to a year ago, according to the Department […]
Read MoreMANILA, Philippines — The widening of the current account deficit may increase the country’s exposure to potential sudden capital outflows, according to S&P Global Ratings. In a report, S&P said it is closely monitoring the current account balance of the Philippines. According to a report from the Bangko Sentral ng Pilipinas (BSP), the country posted […]
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