Indonesia morning news for January 15

Indonesia morning news for January 15

Indonesia cracks down on e-commerce to raise tax collection Indonesia is bringing in new rules requiring e-commerce sellers to share data with authorities, while also stressing that they must pay taxes, the finance ministry said on Monday (Jan 14). — Channel NewsAsia Indonesia finds Lion Air jet cockpit voice recorder The cockpit voice recorder from […]

Philippines morning news for January 15

Philippines morning news for January 15

World Bank doubles Philippines’ natural disaster risk insurance to $390 million The World Bank nearly doubled the Philippines’ natural disaster risk insurance in 2017 with a new $390 million in coverage that became effective Dec. 19, 2018 to help the country better respond to losses from climate change and disasters. — Manilastandard.net 6 deals with […]

Cambodia morning news for January 14

Cambodia morning news for January 14

Cambodia PM says EU holding country ‘hostage’ with tariff threats In October, the European Union threatened to withdraw the duty-free Everything But Arms scheme (EBA), which benefits exports from Cambodia’s garment and footwear sector. — The Cambodia Daily Base instinct: how Chinese visit to Cambodia reignited rumour of navy port plan Fresh from celebrating four […]

Indonesia morning news for January 14

Indonesia morning news for January 14

Ministry Sets Aside Rp15 billion for Recovery of Tourism The Ministry of Tourism has prepared a budget of Rp15 billion for the recovery of tourism in Banten and Lampung. The two province were hit by a deadly tsunami in the Sunda Strait on December 22, 2018. — Tempo.co Indonesia Ranks 9th as Safest Country for […]

Philippines morning news for January 14

Philippines morning news for January 14

Collection in 9 months under TRAIN 94.7% of target: DOF REVENUE collections for the first three quarters of 2018—with the implementation of the Tax Reform for Acceleration and Inclusion law—were slightly below target, but the finance secretary said that point is eclipsed by the fact that the TRAIN law put more money in the pockets […]

Cambodia morning news for January 11

Cambodia morning news for January 11

Mass sackings send chill through Cambodian garment factories The termination of about 1,200 staff from garment factories in Cambodia supplying brands including H&M and Marks & Spencer after a mass strike has sent a ripple of fear through the industry, experts said, warning of fresh unrest. — Reuters Cambodia mobile base grows 4% in year […]

Indonesia morning news for January 11

Indonesia morning news for January 11

Consumer Price Index: Indonesia’s 2018 Inflation Slightly Below Our Forecast For the 4th year in a row Indonesian inflation was under control. — Indonesia Investments Indonesian P2P lending transactions hit $1.4 billion in 2018 2018 saw a peer-to-peer (P2P) lending sector upswing in Indonesia, the most populous country in Southeast Asia. — KrAsia Indonesia targets […]

Philippines morning news for January 11

Philippines morning news for January 11

Philippines’ October net FDI lowest in 15 months Foreign direct investment (FDI) in the Philippines dipped to its lowest in 15 months in October, but inflows in the first 10 months of 2018 were 1.8 percent higher compared to the year-earlier period, the central bank said on Thursday. — Today Online Trade deficit widened 61% […]

Cambodia morning news for January 10

Cambodia morning news for January 10

Trump’s Cambodian ambassador appointment blocked The US Senate returned the nomination of Patrick Murphy as Ambassador to Cambodia back to US President Donald Trump on Thursday, as the American government shutdown entered its third week. — The Nation (very annoying popups) Brands concerned Cambodia to lose EU trade benefits Apparel Insider understands that Cambodia is […]

Indonesia morning news for January 10

Indonesia morning news for January 10

Indonesia’s retail sales edge up in November on rising demand of clothes Retail sales in Indonesia, where consumption accounts for the largest to the GDP growth, drifted higher in November year-over-year amid rising demand of clothes, fuels for automotive and recreation and cultural-linked products, a survey carried out by the central bank showed here on […]

Philippines morning news for January 10

Philippines morning news for January 10

2018 infra spending seen hitting 6.2% of GDP — DBM The Department of Budget and Management (DBM) expects infrastructure spending managed to maintain its robust growth pace last year in line with the Duterte administration’s plan to bring its spending ratio to seven percent by 2022. — Manila Bulletin World Bank cuts 2019 growth forecast […]

Cambodia morning news for January 9

Cambodia morning news for January 9

Cambodia’s Economic Growth Would Be at 7 Percent This Year The National Bank of Cambodia (NBC) has forecast that the country would achieve an economic growth of about 7 percent in 2019. — Agence Kampuchea Press National bank to embrace Industry 4.0 The National Bank of Cambodia (NBC) will continue to promote the development of […]