Finance Minister Sri Mulyani Indrawati on Monday announced the establishment of two directorates under the ministry’s Taxation Directorate General in trying to boost revenue from the digital economy. “We have learned from a number of countries. Therefore, we decided to establish a team dedicated to develop the information system,” she said after launching the operations […]
Read MoreBANGKOK: Thailand is set to increase minimum wages for a second straight year as it looks to attract workers amid an aging population and shortage of labor in key industries. A subcommittee to decide on the extent of increase will meet in the next one to two months to assess the revision based on the […]
Read MoreMANILA, Philippines — Public sector loans approved by the Bangko Sentral ng Pilipinas (BSP) more than doubled to $7.35 billion last year from $3.48 billion in 2017 amid the government’s massive infrastructure build up. According to a report released by the central bank, the public sector loans approved by the BSP increased by $3.87 billion […]
Read MoreThe government is close to approving the construction of the first-ever condensate blending facility (CBF) in the country. For in depth analysis of Cambodian Business, visit Capital Cambodia A top official of one of the companies involved disclosed that they are now in the final stages of the approval process for the multi-million dollar project. The […]
Read MoreTHE residential and non-residential buildings sector in Singapore will grow at 3.2 per cent this year and 2.3 per cent in 2020, supported by a strong pipeline of planned projects, according to Fitch Solutions Macro Research. But the firm warned of risks to its forecasts which include uncertainty surrounding US-China trade tensions and the possibility […]
Read More[SINGAPORE] Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people familiar with the matter. It’s unclear how much Thailand’s biggest bank is investing in Go-Jek, the people said, who asked not to be identified because the matter is […]
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