The Excise Department is set to raise the fruit and vegetable content requirement for a tax exemption for juices to at least 20% from a minimum 10% in an effort to boost local farmer income. The new requirement is expected to take effect from Oct 1, said a source at the Excise Department. The source […]
Read MoreThailand Board of Investment (BoI) has developed two strategies to attract investment, including the development of the Kingdom’s rail system and the construction of a tourist port for cruise tourism. “Prime Minister Prayut Chan-o-cha stated that he wants the BoI to support both foreign and domestic investment into the country’s rail system,” BoI secretary-general, Duangjai […]
Read MoreGood news for staff in Malaysia! Salaries are projected to increase by 5.2% in 2019, according to the Malaysia 2018 Salary Increase & Total Compensation Measurement™ Survey by Aon. This marks a slight increase from 2018 where salaries were found to increase by 5.0%. The survey noted that wages in Malaysia are increasing faster than in Singapore (3.8% in 2018) […]
Read MoreIn the insurance industry, it is common knowledge that The Association of Southeast Asian Nations (ASEAN) region presents enormous growth potential, fuelled by the key characteristics of low existing insurance penetration rates, rapidly growing wealth and an expanding middle class, and the exposure of the region to the threat of natural catastrophe. In the coming […]
Read MoreVIENTIANE, Jan. 10 (Xinhua) — The Lao government expects domestic and foreign private investment to climb to 23,086 billion kip (over 2.72 million U.S. dollars) in 2019, accounting for 52.06 percent of total investment or 13.95 percent of GDP, local media reported here on Thursday. The figure was revealed on Wednesday at the Lao central […]
Read MoreAfter a drop in prices of K150 a litre, fuel prices are likely to rise again within a few days according to retailers. Since December 20, local prices for fuel have been falling in line with a drop in the prices of crude oil on the international market. “But the oil prices started rising again […]
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