The Centre for Economic Situation Administration (Cesa) on Wednesday approved a proposal to offer taxpayers income tax deductions of up to 30,000 baht for purchasing products and services with a 7% value-added tax (VAT), in another bid to boost domestic consumption. Effective from Oct 23 until Dec 31, the tax deduction offer will apply to […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) is urging policy makers in Southeast Asia to tap into green financing to raise funds for projects that will help economies recover. A new report by the Manila-based multilateral agency, “Green Finance Strategies for Post-COVID-19 Economic Recovery in Southeast Asia,” said innovative financing can help catalyze the […]
Read MoreIndonesia’s state miner Mining Industry Indonesia (MIND ID), formerly known as PT Inalum, completed its purchase of a 20 percent stake in nickel miner PT Vale Indonesia, the country’s state- owned enterprises ministry said on Thursday. MIND ID bought the 20 percent stake at Rp 2,780 per share, totaling to Rp 5.52 trillion (US$375.77 million), […]
Read MoreSINGAPORE: The resident unemployment rate rose by 0.4 percentage points in the month of August to 4.5%, said a Ministry of Manpower (MOM) report yesterday. This was slightly higher than the increase of 0.3 percentage points in July, when the resident unemployment rate was 4.1%. While monthly unemployment rates have so far generally remained lower […]
Read MoreTHE strike by Phnom Penh’s rubbish collectors this week has highlighted the ongoing delay of single-use plastic regulation, as the ministry says 510 tonnes of plastic waste continues to be discarded in the city every day. This is despite the Ministry of Environment stating that an agreement to draft a sub-decree to prohibit the importation and […]
Read MoreThe Hanoitimes – Vietnam will actively and selectively attract foreign investments, taking high-quality, efficiency, modern technology and environmental protection as the key benchmarks. Vietnam is looking to attract investors from Japan and South Korea into the country’s supporting industries as the localization rate of the sector is quite low compared to some countries in the region, […]
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Thailand
