TEMPO.CO, Jakarta – The government continues to prepare for lowering tax charges for micro, small and medium-sized enterprises (SMEs) from 1 percent to 0.25 percent. Suahasil Nazara, head of Fiscal Policy Agency, the Finance Ministry, said that the government will carry out an evaluation to boost tax compliance of small businesses. The Finance Ministry has included the […]
Read MoreMANILA, Philippines – The country’s inflation rate in August likely accelerated to 3.1 percent as prices of food and petroleum products increased during the period, the Department of Finance (DOF) said. In his latest economic bulletin, Finance Undersecretary Gil Beltran said inflation may have risen to 3.1 percent last August, as compared to the 1.8 […]
Read MoreThe Third Cambodia-Thailand Joint Cabinet Retreat that will be held in Siem Reap province on Thursday and Friday will discuss bilateral issues ranging from development cooperation to border development, and trade and investment, according to the spokesperson of the Ministry of Commerce. “The joint cabinet meeting of Cambodia and Thailand will see both governments commit […]
Read MoreTEMPO.CO, Jakarta – The rupiah was trading weaker by 1 point to Rp13,319 per US dollar in Jakarta inter-bank market this morning. Binaartha Sekuritas analyst Reza Priyambada said this morning that negative sentiments following rising tensions in the Korean Peninsula have prompted investors to hold their transactions on assets in developing countries, including Indonesia, halting the currency […]
Read MoreHANOI: Vietnam’s leading property developer, Vingroup, has begun construction of an automobile factory in a project worth between US$1 billion and $1.5 billion in the first phase. The project is part of Vingroup’s expansion plan into heavy industry, its vice-chairman was quoted as saying in a statement, following similar moves in other major sectors such […]
Read MoreSoutheast Asia hosts nearly 10 million migrants, of whom roughly 7 million originate from countries within the region. The main component of migration involves the movement of lower-skilled labour, predominantly from Myanmar, Cambodia and Laos to Thailand. In Asean and around the world, labour migration has proved to be a force for good, rather than […]
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