The new land and buildings tax will force homeowners to reduce residential units being held and shift housing development to larger units, as only principal homes will be exempted. Chinapat Visuttipat, founder and partner of legal firm One Law Office, said homeowners possessing a lot of houses will reduce the number of units they hold […]
Read MoreThe Cambodia Securities Exchange-listed Phnom Penh Autonomous Port (PPAP) has decided to postpone its fifth general shareholders meeting today to next month, according to a company announcement on the CSX. The state-owned enterprise, said the postpone is because of the pandemic spread and the need to comply with social-distancing guidelines. The fifth general shareholders meeting […]
Read MoreMinistry of Economy and Finance is now allowing the export of white rice to the international market, according to an announcement released by the Ministry of Economy and Finance. The announcement number 3915 signed by Deputy Prime Minister and Minister of Economy and Finance Aun Pornmonirath today said that based on the request by the […]
Read MoreThe government plans to allocate an additional Rp 56.5 trillion (US$3.8 billion) to a number ministries and agencies in 2021 to revive the economy, according to the National Development Planning Agency (Bappenas). Bappenas chairman Suharso Monoarfa said on Tuesday that the extra funds would be allocated to cover non-operational expenditures for the economic recovery and social […]
Read MoreKUALA LUMPUR, May 13 — Malaysia’s economy grew moderately at 0.7 per cent in the first quarter of 2020 from 4.5 per cent in the same quarter last year, as gross domestic product growth was affected by the Covid-19 pandemic and the implementation of the movement control order (MCO). Bank Negara Malaysia (BNM) said after […]
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Thailand
