Indonesia’s economic growth is expected to slow to 4.9 percent in the third quarter of this year as weak global demand affects trade and weakens manufacturing industry, while commodity prices continue to decline, according to a local research house. “We predict GDP to grow more slowly at 4.9 percent in Q3 2019. We also revise […]
Read MoreThe government welcomes investment from Germany in the Kingdom’s solar and renewable energy sector as local demand for electricity continues to rise between 15 to 20 per cent annually, Ministry of Mines and Energy official Victor Jona said on Tuesday in Phnom Penh. Jona, who is the director-general of the ministry’s General Department of Energy, […]
Read More[HONG KONG] Money transfer company TransferWise has begun processing international payments into Asian digital wallets in a move that its CEO says reflects their growing use as an alternative bank account. E-wallets, which allow users to make cash transfers using their mobile phones, are widely used in many Asian markets. TransferWise’s move in the Philippines […]
Read MoreThailand’s English proficiency has fallen for the third year in a row, according to the annual English Proficiency Index conducted by the global education company EF Education First. The report showed Thailand dropped to 74th out of 100 countries with a score of 47.62, which is considered “very low” proficiency. In 2018, Thailand ranked 64th […]
Read MorePETALING JAYA: Taxpayers who have missed the Sept 30 deadline for the Special Voluntary Disclosure Programme (SVDP) can still make voluntary disclosure of their unpaid taxes. The good news is that they won’t be immediately slapped with the heavy penalty rate of between 45% and 300% as initially announced, although the penalty rates will be […]
Read MoreAmerican entrepreneurs are keen to invest in the Eastern Economic Corridor (EEC), home to 12 targeted industries that are expected to transform Thailand into an innovation-driven economy, says Lavaron Sangsnit, director-general of the Fiscal Policy Office and the Finance Ministry’s spokesman. Those engaged in the energy, finance and infrastructure sectors have shown an interest in […]
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