The General Department of Taxation is calling on small and medium-sized enterprise operating in a number of prioritised industries to apply for tax incentives created through a sub-decree last year. The nation’s tax body issued last month a notification on the implementation of Sub-decree No 124, which set up tax incentives for SMEs in selected […]
Read MoreEXPECTATIONS for sluggish economic growth this year are firming, with the nation’s peak private-sector grouping flagging potential hits to exports and tourism from the prospect of simultaneous slowdowns in China and the United States and the trade war they are waging. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said it expects the […]
Read MoreRIDE-HAILING service provider Gojek has opened its app to give immediate access to all customers in Singapore. Consumers can now sign up for Gojek’s ride-hailing services via the iOS or Android app. First-time riders will receive two S$5 vouchers, which they can use for two rides within two weeks of signing up. Gojek president, Andre Soelistyo, […]
Read MoreMANILA, Philippines — The National Economic and Development Authority (NEDA) urges the immediate enactment of the rice tariffication bill, saying it is “fundamental” to the stabilization of food prices. The bill amending the two-decade old Agricultural Tariffication Act of 1996 replaces the quantitative restriction (QR) on rice imports with a 35 percent tariff. It is […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose to an over two-month high on Wednesday evening, charting a second straight day of gains, as traders forecast declining production in the coming months and improving export data. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange rose as much as 1.1 percent to 2,202 ringgit ($535.38) in the second half of trade, its highest level since Oct. […]
Read MoreThe construction of a new road and bridge near the existing Goke Hteik railway viaduct in western Shan State will begin this year, the Ministry of Construction has announced. The major infrastructure project along the Mandalay-Muse road, a significant border-trade route, is expected to significantly boost the transportation of goods between China and Myanmar once […]
Read More
Thailand
