The consumer confidence index (CCI) fell for the second straight month in June to 100.7 from 103.1 the previous month as consumers gave more negative assessments of current economic and employment conditions. Customers are less upbeat about the outlook for local business conditions and their family incomes over the next six months, according to a […]
Read MoreUnited Kingdom-based international property consultancy firm Savills has ranked Jakarta as the 20th most resilient city in its recent real estate index. Alongside Singapore, Jakarta is one of only two cities in Southeast Asia to be included in the top 20. Jakarta ranked 51st in 2018 and 103rd in 2008. “The survey is done through Savills International so […]
Read MoreCambodia and Indonesia are set to jointly organise a trade exhibition to be held in Siem Reap province next month, an event to mark the 60th anniversary of diplomatic relations between the two countries as well as an effort to boost bilateral trade and investment. For in depth analysis of Cambodian Business, visit Capital Cambodia Seang […]
Read MoreINDONESIA’S tax office will postpone until next year the purchase of new US$200 million software to analyse compliance and boost revenues in South-east Asia’s largest economy, the country’s tax chief said on Tuesday. The resource-rich nation last year announced that it would upgrade its outdated tax technology, following the success of its 2016-2017 tax amnesty […]
Read MoreThe Indonesian government has been urged to provide airlines with incentives so that they can lower airfares, the costliness of which has been blamed for stagnation in the tourist industry. Indonesian Transportation Society (Masyarakat Transportasi Indonesia, MTI) aviation analyst Suharto Abdul Majid said on Sunday that the government should not instruct airlines to decrease the […]
Read MoreThe Finance Ministry on Tuesday announced that it has officially cut the rate of income tax for luxury houses to 1 percent from the initial 5 percent in trying to help boost the property business. The new policy was stipulated in Finance Ministerial Regulation No. 92/2019, which was an amendment of No. 253/2008 on the […]
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Thailand
