SINGAPORE’S headline inflation inched up in March, though core inflation eased marginally, according to consumer price index (CPI) figures released by the Department of Statistics on Tuesday. Core inflation, which strips out housing and private transport costs, was 1.4 per cent in March, easing slightly from 1.5 per cent in February and lower than economists’ […]
Read MoreThe Revenue Department must be allowed to request information from business operators to prevent avoidance of a levy on foreign-based online platform operators earning income in Thailand, says its chief. Without the authority to ask for information, tax collection will be inefficient and could lead to tax leakage, said director-general Ekniti Nitithanprapas. Such a mandate helps several […]
Read MoreMANILA, Philippines — The Philippines is poised to become an upper-middle income economy this year, three years ahead of the government’s targeted schedule, according to the Department of Finance (DOF). With the strong resilience of the Philippine economy and the support of the World Bank, Finance Secretary Carlos Dominguez expressed confidence that the country is on track […]
Read MoreKUALA LUMPUR: Malaysia’s small business sector experienced positive business conditions in 2018 and confidence in business and economic growth is at its highest point since 2012, according to new survey data released today by CPA Australia. The findings from CPA Australia‘s 10th annual Asia-Pacific Small Business Survey follow extensive surveying of over 3,600 small business operators in Malaysia, Vietnam, […]
Read MoreCambodia’s economic outlook remains robust in the near-term despite the country set to face bigger external risks and potentially lose trade privileges to its main markets, an International Monetary Fund (IMF) team has told the finance minister. An IMF team visited Phnom Penh earlier this month and met with Minister of Economy and Finance Aun […]
Read MoreNEW TECHNOLOGIES, political uncertainty and capability challenges are just some of the big challenges facing infrastructure owners, investors, operators and planners over the rest of this year, according to KPMG International’s latest edition of “Emerging Trend” – an annual forecast of the top trends influencing the infrastructure sector this year. “This will be the year […]
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