AN ESCALATION of the US-China trade war is likely to slash growth in Thai exports to less than half that of last year, said economists from Krungthai Bank and Standard Chartered Bank. Last Sunday, US President Donald Trump tweeted: “For 10 months, China has been paying tariffs to the US of 25 per cent on […]
Read MoreKUALA LUMPUR: Malaysia is in need of an economic growth plan for the longer run given the weaker business sentiment in the first half of this year, says UOB Research senior economist Julia Goh. This comes after RAM Business Confidence Index (BCI) showed that business confidence hit a record low for the first half of this year […]
Read MoreChicken breeders in Blitar regency, East Java, have suggested that the government avoid intervening in the market in response to an egg price hike in Jakarta, with breeders themselves dealing with low albeit stable prices. The government needed to investigate whether or not there was any egg stockpiling that caused the egg price to soar, […]
Read MoreSingapore is discussing the possibility of allowing virtual banks to operate in the city state, the Monetary Authority of Singapore said Tuesday. “MAS is studying whether to admit such digital-only banks with non-bank parentage,” the financial regulator said in an emailed reply to questions from Bloomberg News. “We have been engaging relevant stakeholders to ascertain […]
Read MoreVietnam’s transfer pricing regulations under Decree No. 20/2017/ND-CP (“Decree 20”) became effective in May 2017 and outline all relevant aspects of the transfer pricing compliance process. Foreign investors should consider the following when creating a compliance strategy for transfer pricing in the country. What are the main transfer pricing compliances? According to regulations, taxpayers subject to Decree 20, if […]
Read MoreSoutheast Asia’s central banks are taking a hard look at interest-rate cuts as global monetary policy turns more dovish, with Malaysia first in line with a possible move as soon as Tuesday. It’s a busy week for the region’s policy makers with Bank Negara Malaysia’s decision followed by policy announcements from the Bank of Thailand […]
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Thailand
