The Investment Coordinating Board (BKPM) has recorded Rp 173.8 trillion (US$11.4 billion) in investment in the third quarter, 1.4 percent lower than investment in the second quarter. Investment has continued to decline, as the figures represented a 4.9 percent quarter-to-quarter decline in the second quarter, which was recorded at Rp 176.3 trillion. BKPM head Thomas Lembong attributed […]
Read MoreKUALA LUMPUR: It is inappropriate to introduce the inheritance tax now despite the need for the government to widen its tax base to raise revenue, as its implementation will further dampen the property market, a real estate industry association said. The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector […]
Read MoreMANILA, Philippines — Fare hikes for buses and jeepneys that will take effect in November may compel the Bangko Sentral ng Pilipinas (BSP) to raise policy rates by a maximum of 25 basis points (bps) before the end of the year to stave off inflationary pressures, according to First Metro Investment Corp. (FMIC). In the […]
Read MoreIT’S BEEN a year since the two new laws affecting trade, the Excise Tax Act B.E. 2560 and the Customs Act B.E. 2560, were implemented. So now might be a good time for the two departments to review the current situation, now that companies are more familiar with the changes. After all, the Customs Act […]
Read MoreSINGAPORE’S startup ecosystem is vibrant, driven by homegrown and overseas tech startups. Abhishek Agrawal, co-founder and chief executive officer of Kinexcs Pte Ltd based in Singapore, has developed a new medical product designed to rehabilitate patients to speed up their full recovery after they are discharged from hospital. He said his company plans to go […]
Read MoreMANILA, Philippines — Consumer prices continue to rise, but galloping inflation has so far hardly affected the cost of dying and the prices of items for remembering the dead. As people visit cemeteries this week to remember their dearly departed, vendors of flowers and candles in Manila said their prices have remained nearly the same […]
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Thailand
