Nearly a year after the government announced that it would consider scrapping the controversial and burdensome 1 percent minimum tax obligation that is paid on monthly revenue flows, the Ministry of Economy and Finance has provided guidelines on how taxpayers who satisfy its accounting guidelines can obtain an exemption. According to a prakas signed by the finance minister on […]
Read MoreHANOI — Vietnamese villagers blockading a textile plant that serves global fashion brands are seeking the permanent closure of the factory due to pollution concerns, highlighting a growing readiness in Vietnam to campaign over environmental issues. Hundreds of people from Hai Duong, 50km east of Hanoi, have kept watch in shifts day and night since […]
Read MoreEconomic growth prospects in developing Asia for 2017 have improved on the back of stronger-than-expected export demand in the first quarter of this year, according to a new Asian Development Bank (ADB) report. In a supplement to its Asian Development Outlook 2017 report, ADB upgraded its growth outlook in the region from 5.7 per cent to […]
Read MoreMANILA — The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is expected to grow 5.9% and 5.8% this […]
Read MoreSINGAPORE’S economy grew 2.5 per cent compared to a year ago in the second quarter of 2017, based on advance estimates of gross domestic product (GDP) released by the Ministry of Trade and Industry (MTI) on Friday. The latest print was lower than market consensus and was the same pace of growth clocked in the […]
Read MoreASIA Inc Forum and its major partner Baiduri Bank will convene the 2017 Brunei Local Business Development (LBD) Programme at the Radisson Hotel with an LBD Forum on Finding Opportunity in Challenging Times on September 27 and an LBD Workshop on Lean Startup Principles on September 28. According to a press release, the LBD Forum […]
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Thailand
