SINGAPORE: The governments of Singapore and Malaysia stressed on Wednesday that the procurement process for a high-speed rail project linking the wealthy island city state with Kuala Lumpur will be “open, fair and transparent”. In announcing the launch of a joint tender for the 350-kilometre railway, the two governments’ vehicles for the project — Malaysia’s […]
Read MoreThe National Legislative Assembly’s (NLA) standing committee on the land and buildings tax has largely watered down the new property tax rates. The version proposed by the Finance Ministry and approved by the cabinet had set the tax-free threshold at 50 million baht, with an aim at alleviating people’s tax burden. The NLA committee has […]
Read MoreTEMPO.CO, Jakarta – The Indonesian special envoy for the Middle East and the Organization of Islamic Cooperation, Alwi Shihab, said that regulations are hampering Middle East investment despite the fact that President Joko Widodo had visited countries across the regions to attract investors. In bilateral talks, Alwi said, Jokowi was accompanied by his economic team to convince […]
Read MoreThe Hanoitimes – Boosting productivity growth, especially that of the domestic private sector, is a key priority of Vietnam. The country has been successful in attracting foreign direct investment (FDI) and entering global value chains (GVCs). Most local firms, however, are small and only serve the domestic markets. FDI has brought enormous gains to Vietnam in […]
Read MoreThe Hanoitimes – Prime Minister Nguyen Xuan Phuc is ready to dialogue, remove difficulties for investors in the production process, business. The PM hosts receptions for domestic and foreign businessmen and investors attending a forum on developing international markets for vegetables and fruits, logistics system for agricultural and rural areas and investment promotion meeting Dong Thap […]
Read MoreEarning back a percentage of money spent online is the new incentive in retail e-commerce as more players try to apply the cashback model. At least four players — Shopback, mycashback.co, dealcha and Upcashback — are jumping onto the cashback bandwagon. Citing research by TMB Bank, Napat Seubsai, managing director of myCashback.co, a local startup […]
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Thailand
