People owning second homes may face land and buildings taxes in the range of 0.03-0.1% of the appraisal price, depending on the value of the property, says an informed source at the Finance Ministry. Second homes will be charged from 0.03% for those with appraisal prices of up to 50 million baht, 0.05% for homes […]
Read MoreSINGAPORE (Xinhua) – Singapore’s manufacturing output increased 12.6 per cent year-on-year in February, said the country’s Economic Development Board (EDB) on Friday. Excluding biomedical manufacturing, output grew 17.1 per cent, said EDB in the press release. On a seasonally adjusted month-on-month basis, manufacturing output decreased 3.7 per cent compared to the previous month. Excluding biomedical […]
Read MoreForeign direct investment (FDI) in Vietnam surged to US$7.71 billion in the first quarter of 2017, exceeding the amount during the same period in 2016 by 91.5 per cent. Figures released Friday by the planning and investment ministry’s Foreign Investment Agency (FIA) showed that during this period, there were 493 newly approved projects with a […]
Read MoreMANILA, Philippines – Filipino consumers turned less optimistic in the first quarter of the year after the confidence index soared to an all-time high in the fourth quarter of 2016, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Teresita Deveza, deputy director of the BSP’s Department of Economic Statistics (DES), said Filipino consumers are less […]
Read MoreMANILA, Philippines – Thailand’s biggest agriculture company is pouring $2 billion worth of investments in the Philippine livestock sector over the next five years. Agriculture Secretary Emmanuel Piñol said Charoen Pokphand (CP) Group has pledged $2 billion to boost production of hogs and poultry for local consumption and for the export market. “The reason why […]
Read MoreTEMPO.CO, Jakarta – Minister of Energy and Mineral Resources Ignasius Jonan said the price of fuels controlled by the government, which are Premium and Solar, will not increase from April until June this year. According to him, the government continues to maintain the prices and make them stable amidst the rising global oil price. Jonan added […]
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