Industry Minister Airlangga Hartanto has said that a draft regulation concerning the so-called superdeduction tax will be implemented for manufacturing companies that run vocational schools teaching 36 skills. The superdeduction tax is a fiscal incentive involving a 200 percent tax allowance proposed by the ministry for such companies. “We have listed 36 competencies in the […]
Read MoreMANILA, Philippines — The country’s external payments position strengthened for the fifth straight month with a balance of payments (BOP) surplus of $627 million in March, reversing the $266 million deficit recorded in the same month last year, as more foreign exchange continued to flow into the country, according to the Bangko Sentral ng Pilipinas […]
Read MoreThe immigration process for foreign travellers leaving Singapore is going to become a whole lot faster. In a statement released on Wednesday (April 17), the Immigration & Checkpoints Authority (ICA) announced that departure stamps will no longer be issued to foreigners leaving Singapore from April 22 onwards. Since September 2016, foreign travellers who have their […]
Read More[BANGKOK] A slide in Thailand’s baht is proving to be a fillip for the country’s exporters of electronics parts. The SET Electronic Components Index is up about 9 per cent so far in April, leading the 28 industry groups in the nation’s stock market. Delta Electronics (Thailand) Pcl is one of the top performers this […]
Read MoreThe Trade Promotion Department is scheduled by the end of this month to speak with the top 10 export-driven manufacturers to evaluate prospects and discuss how to accelerate shipment growth in the second and third quarters — normally the peak period for exports. The 10 manufacturers account for more than 50% of Thailand’s total exports. They […]
Read MoreThe Hanoitimes – Some 100 state firms would be subject to privatization in 2019, while the number slated for state divestment is 193. Vietnam’s state-owned enterprises (SOEs) contributed 26 – 28% to the country’s GDP in 2018 and made up 24.82% of the state budget revenue, VnEconomy reported. As of the end of 2018, Vietnam has […]
Read More
Thailand
