Thailand's government revenue from tax collections grew 9.3% y/y registering THB 158.92bn in February this year, which was higher than expected. As reported by The Bangkok Post, Somchai Sajjapongse, director general of the Fiscal Policy Office at the Finance Ministry, stated that the increase in tax collections during the period was due to the higher excise tax on cars and on petroleum concessions, heightened by the government's first car scheme and higher than expected petroleum production. The tax collections were posted at THB 830.23bn during October last year and February this year. |
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