An economic zone will soon be built in Kanpaiktee at the Myanmar – China border, according to Ministry of Commerce. At the zone there will be truck parking, warehouses, and modern equipment to check installed. The President Office has ordered the central and working committee concerning building of Myanmar-China border economic cooperation zone to perform […]
Read MoreKUANTAN: The government has warned employers against making salary deductions without informing their employees or without prior approval from the Labour Department of Peninsular Malaysia (JTKSM). JTKSM’s labour standards division director Mohd Asri Abd Wahab said the department had received complaints of misappropriation of employees’ salaries without clear consent or reason. “Employers should honour the […]
Read MoreShould input value-added tax (VAT) or VAT passed on by a taxpayer’s supplier of goods or services be allowed as a deduction from income tax, if the claim for refund or tax credit was denied or disallowed? To answer that question, one has to understand the difference between income taxation and the imposition of VAT. […]
Read MoreKUALA LUMPUR: Malaysia is capable of exceeding the RM1 trillion total exports target this year, boosted by strong collaboration between various government agencies and private sectors, said International Trade and Industry Minister Datuk Darell Leiking. Last year, Malaysia according to him recorded RM998 billion in total export, about 0.2% short of surpassing the RM1 trillion threshold. […]
Read MoreThailand, Indonesia and India will experience rapid growth in the online grocery sector, although they are coming from such a low base that it will only account for market shares of 2.8%, 1.5%, and 1.2% respectively by 2023. Read more
Read MoreThe state-owned Government Savings Bank (GSB) has loosened reverse mortgage lending criteria by waiving a requirement for consent from the borrower’s cousins in an effort to enable the elderly to better access the loan. The bank’s reserve mortgage lending was subdued because of the requirement that cousins must provide consent for the loan, said president […]
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Thailand
