Ship manufacturers in Batam, Riau Islands, are urging the government to revise an antidumping regulation as it is could affect the competitiveness of local companies. The controversial regulation in question is Finance Minister Regulation No. 120/2017 on the mechanism of antidumping duties. Since Jan. 25, the customs authority in Batam has been collecting levies from […]
Read MoreThe Indonesian General Insurance Association (AAUI) is reporting that the ratio of health insurance premiums to the premiums for other insurance products declined to only 2.3 percent in 2018 because of the state-sponsored Health Care and Social Security Agency (BPJS Kesehatan). AAUI executive director Dody Ahmad Sudiyar said on Sunday that it was a continuing decline from the previous year. […]
Read MoreLow inflation sweeping across Southeast Asia is here to stay, raising the odds some of the region’s biggest economies may reverse course on interest rates this year. Food prices have been falling across the region, driving down inflation and pushing up real interest rates. Malaysia is already in deflation, while others like Thailand are seeing […]
Read MoreUnder the updated National Export Strategy 2020-2025, Myanmar is targeting total trade volumes of US$31 billion for the current fiscal year, with US$15.3 billion for exports and US$15.8 billion for imports. If successful, this would reduce the trade deficit to US$500 million. To boost trade volumes and expand exports, Myanmar this month launched the Trade […]
Read MoreSINGAPORE’S export sector swung back into the black in February, buoyed by a rise in non-electronic shipments and surprising economists on the upside as most had expected a fourth consecutive month of decline. Non-oil domestic exports (NODX) grew by 4.9 per cent last month, reversing from a worse-than-expected slide of 10.1 per cent in January, […]
Read MoreThe Directorate General of Taxation will seriously investigate Indonesian assets that are not reported through the annual tax return form (SPT), and is preparing punishment for non-compliant taxpayers, Finance Minister Sri Mulyani Indrawati said over the weekend. She said the first step would be for the Directorate General of Taxation to check the status of any Indonesian wealth parked […]
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Thailand
