BANGKOK: 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 […]
Read MorePETALING JAYA: Malaysia has emerged as a clear winner in an in-depth analysis on potential beneficiaries of import substitution, as a result of the US-China trade war. A report by Nomura Global Markets Research analysed the 7,705 products included on the tariff lists, and estimated potential gains from import substitution for 13 Asian countries. It […]
Read MoreThailand’s ranking in the latest global survey on developing and attracting talent remains unchanged at 42nd out of 63 countries. The survey conducted by the IMD World Competitiveness Centre presents a ranking of 63 countries and economies according to their ability to develop, attract and retain talent. The ranking is based on countries’ performance in […]
Read MoreMyanmar is tuning up efforts to draw investments into the country. In Parliament Monday, the establishment of the new Ministry of Investment and Foreign Economic Relations was approved, paving the way for better coordination between related ministries and organisations on local and foreign investments and development projects implemented with foreign aid or loans. The newly […]
Read MoreLAST MONTH, the Revenue Department announced the introduction of a new headquarters tax regime called International Business Centre (IBC). The existing tax incentive regimes – International Headquarters (IHQ), Regional Operating Headquarters (ROH) and International Trading Centre (ITC) – as of October 10, 2018 are no longer available to new applicants. Current beneficiaries of these regimes […]
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