Thailand’s dealmaking cycle is predicted to peak in 2019, with the value of both mergers and acquisitions (M&A) and initial public offerings (IPO) forecast to climb over the next two years, before easing back in 2020, according to the third edition of the Global Transactions Forecast, issued by Baker McKenzie and Oxford Economics. Globally, the […]
Read MoreMANILA, Philippines — During his first state of the nation address, President Rodrigo Duterte promised a “simpler” and “fairer” tax reform program, and he delivered after he signed a new law that overhauls the country’s 20-year-old tax regime. On Tuesday, December 19, Duterte signed into law Republic Act No. 10963, or the Tax Reform for Acceleration and Inclusion […]
Read MoreInflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities, particularly petroleum and agricultural goods, with the National Bank of Cambodia (NBC) saying the low inflation rate was a product of sound macroeconomic management. According to NBC’s annual report, the price of the basket of goods […]
Read MoreHOLDERS of Singapore’s red passport have more reason to cheer as latest rankings show the Republic has climbed two spots from 2017 to bag second place globally in the 2018 Henley Passport Index. In the ranking – which tabulates the number of countries a passport enjoys visa-free access to – Singapore passport holders enjoy visa-free […]
Read MoreBusinesses have agreed on a planned minimum wage hike, details of which are to be settled by mid-month, but they argue that the increase should not be imposed at the same rate nationwide. They also warn that the 3 million small and medium-sized enterprises (SMEs) and the farm sector will be hit hardest by the […]
Read MoreMANILA, Philippines —The first package of its tax reform measures will not lead to increases in prices of basic commodities, according to Trade Secretary Ramon Lopez, as the government tries to calm the public over worries that the new law will result in spike in household expenses. President Rodrigo Duterte signed the tax reform measure […]
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Thailand
