The Foreign Ministry has asked the government to review the economic ministers’ proposal to offer a visa waiver to Chinese and Indian tourists as a part of the government’s economic stimulus package. The ministry has voiced opposition to the measure proposed by the Tourism and Sports Ministry, citing national security considerations. Last Friday, a meeting […]
Read MoreMANILA, Philippines — Asia’s largest low-cost airline AirAsia is set to remove processing fees for the Philippines starting next year to keep air travel affordable. The AirAsia Group, in a statement over the weekend, said it will remove processing fees for Malaysia for bookings made from Oct. 1 and for Thailand, Indonesia and Philippines by […]
Read MoreActive bond trading and new debenture issuance are expected before the 15% withholding tax imposed on fixed-income funds takes effect on Tuesday, in order to avoid the latest tax tweak aimed at reducing inequality. Trading liquidity of debt securities is expected to dwindle in the secondary market after the effective date, since fixed-income funds make […]
Read MoreThe Hanoitimes – Vietnam, along with Singapore and Indonesia, has been named as the top countries where organizations see Belt and Road Initiative opportunities, according to PricewaterhouseCoppers. In the first half of 2019, Vietnam drew US$1.6 billion from investments related to China’s Belt and Road Initiative (BRI), ranking fourth among Southeast Asian countries, according to a […]
Read MoreSINGAPORE – Singapore’s economic growth may have slowed significantly this year but the current situation does not warrant stimulus measures just yet, Prime Minister Lee Hsien Loong said on Sunday (Aug 18). If the situation gets much worse, however, the Republic will “promptly respond with appropriate interventions to sustain the livelihoods of our workers”, he […]
Read MoreFROM helping older workers stay employed to tackling climate change, Prime Minister Lee Hsien Loong addressed major issues for Singapore’s future in Sunday night’s National Day Rally – while noting that the current economic slowdown does not warrant stimulus measures, for now. To help older workers keep working and be more financially independent, the retirement […]
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Thailand
