Indonesia is likely to raise its export tax on crude palm oil to 15% in December from the present rate of 10% due to the recent rise in international palm oil prices. As reported by Dow Jones Commodities Service, the country has applied a progressive export tax for palm oil products, where taxes are adjusted every month based on international palm oil price movements. |
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Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more
Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more
Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more