The Taxation Directorate General will focus on expanding Indonesia’s tax base next year in order to meet a tough revenue target for 2020 amid an economic slowdown. The Finance Ministry’s director general of taxation, Suryo Utomo, said the tax authority would make on-the-grounds efforts to expand the country’s tax base while continuing to monitor existing […]
Read MoreThailand’s manufacturing production index (MPI) in October fell 8.45% from a year earlier, dragged down by lower production of cars, petroleum and steel, the industry ministry said on Wednesday. That compared with a forecast of a 4.95% drop in a Reuters poll and September’s revised 5.06% decline. Capacity utilisation was at 62.83% in October, compared […]
Read MoreSuch projects have three saving graces for expatriate families: large unit size, a desirable address and experienced staff whose responsibilities extend to maintenance of their unit, all at affordable rates. The economic slowdown and brighter economic growth prospects in neighbouring countries are prompting multinational corporations to post expats to greener pastures than they see in […]
Read MoreThe Bank of Thailand plans to pool the phone numbers of commercial banks, their subsidiaries and outsource units used for telemarketing and debt collection with the National Broadcasting and Telecommunications Commission (NBTC) to develop the Gun Guan app, enabling consumers to better block unwanted calls from next year. The central bank is requesting that the […]
Read MoreChina is expected to dominate the CLMV market, with Thailand estimated to lose as much as 187 billion baht by 2022 as Cambodia, Laos, Myanmar and Vietnam are inundated with Chinese goods. According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, a study […]
Read MoreThe Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission. The move will reduce unnecessary procedures and costs, and SMEs will be able to offer these securities to […]
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