KUALA LUMPUR: Malaysia’s economy is expected to continue growing at a slow rate between November 2018 to January 2019, in view of the current moderate trend, according to the Department of Statistics Malaysia. In a statement titled “Malaysian Economic Indicators: Leading, Coincident and Lagging Indexes June 2018” released yesterday, the department said the monthly change […]
Read MoreTEMPO.CO, Jakarta – Minister of Communications and Informatics Rudiantara said that Indonesian startups are growing rapidly, flexing their muscles to the world with remarkable achievements, and are even comparable to a number of Unicorns in Germany. “Not only in terms of Unicorns, even in terms of startups, Indonesia has shown its level,” said Rudiantara, while giving a public lecture on […]
Read MoreThree applicants have proposed to offer refund services for value-added tax (VAT) for foreign tourists, says the Revenue Department. Stores registered as juristic entities submitted their applications from Sept 7-17 to become representatives of the Revenue Department in offering VAT refund services for foreign tourists, said Ekniti Nitithanprapas, director-general of the Revenue Department. The essential criteria […]
Read MoreMANILA, Philippines — The Philippine travel and tourism sector has the potential to further increase its contribution to gross domestic product (GDP) if it fully embraces digital platforms and data innovation, a report by the Pacific Asia Travel Association (PATA) said. In a joint report with Oxford Economics, PATA revealed that the 91 percent of […]
Read MoreThe Hanoitimes – Vietnam will no longer grant investment certificate for projects using outdated technologies, which potentially pose negative impacts on the environment. Vietnam gives priority to attracting high-quality foreign direct investment (FDI), focusing on environmentally friendly projects with cutting-edge technologies in the Fourth Industrial Revolution, stated Minister of Planning and Investment Nguyen Chi Dung. More […]
Read MoreThe government looks set to remove three service businesses from List 3 under the Foreign Business Act (FBA) to facilitate foreign investment in Thailand, with the move to take effect next year. Kulanee Issadisai, director-general of the Business Development Department, said the Foreign Business Commission’s meeting, chaired by the commerce permanent secretary, on Tuesday agreed to withdraw […]
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