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Cambodia: New airport study set for 2019

A feasibility study on the construction of a new airport in the Kingdom will be launched later this year, according to a Ministry of Tourism spokesman on Monday. The plan was approved last week in a meeting held by the Ministry of Economy and Finance and the Ministry of Tourism. Chuk Chumno, Department of Tourism […]

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Thailand: Revenue Department seeks more authority

The Revenue Department must be allowed to request information from business operators to prevent avoidance of a levy on foreign-based online platform operators earning income in Thailand, says its chief.  Without the authority to ask for information, tax collection will be inefficient and could lead to tax leakage, said director-general Ekniti Nitithanprapas. Such a mandate helps several […]

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Philippines to become upper middle income country this year

MANILA, Philippines — The Philippines is poised to become an upper-middle income economy this year, three years ahead of the government’s targeted schedule, according to the Department of Finance (DOF). With the strong resilience of the Philippine economy and the support of the World Bank, Finance Secretary Carlos Dominguez expressed confidence that the country is on track […]

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Malaysian small businesses confidence highest since 2012

KUALA LUMPUR: Malaysia’s small business sector experienced positive business conditions in 2018 and confidence in business and economic growth is at its highest point since 2012, according to new survey data released today by CPA Australia. The findings from CPA Australia‘s 10th annual Asia-Pacific Small Business Survey follow extensive surveying of over 3,600 small business operators in Malaysia, Vietnam, […]

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