The decision on allowing car manufacturers to extend the luxury tax payment deadline will help them maintain cash flow amid the Covid-19 pandemic and stimulate demand. The government on September 15 issued Decree 109 allowing automobile manufacturers and assemblers to extend their luxury tax payments. Under the new decision, enterprises will have to make payments […]
Read MoreTOKYO: Japan said on Friday it has agreed with Singapore and Brunei to reopen their borders for newly arriving expatriates and other long-term residents from next Wednesday and Oct 8, respectively. Those eligible to travel will be allowed in on condition they self-isolate for 14-days after entering the respective countries to prevent the spread of […]
Read MoreThe government of Myanmar has announced that it will provide a total of K20 billion to over one thousand businesses, who applied for the loans from the Committee for Remedying the Impacts of the Coronavirus Disease 2019. As the second batch of the loan, the committee will provide K20.775 billion to the selected 1,041 businesses […]
Read MoreKUALA LUMPUR: The RM10bil PRIHATIN Supplementary Initiative Package (KITA PRIHATIN) is expected to have a positive impact on the nation’s economic growth in the fourth quarter of 2020. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said on Friday the economic stimulus packages announced by the government — PRIHATIN, PRIHATIN SME+, PENJANA and KITA […]
Read MoreSINGAPORE: Singapore’s industrial output rose 13.7% year-on-year in August, beating economists’ expectations, buoyed by a 44.2% jump in electronics production, official data showed on Friday. Economists had expected a 4.6% increase, according to the median of their forecasts in a Reuters poll. Industrial production marked its first rise after three straight months of contraction on […]
Read MoreJAKARTA: Indonesia’s government said on Friday it has significantly improved the distribution of social assistance to the poor to cushion the impact of the Covid-19 coronavirus pandemic. Febrio Kacaribu, the head of the finance ministry’s fiscal policy office, said surveys by the World Bank showed there has been major improvement in distribution of aid and […]
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Thailand
