Tax collection
Philippine new tax chief determined to collect $3.7 billion in outstanding tax from Marcos family
The Philippines’ incoming tax agency chief Lilia Guillermo said she intends to collect the long-due estate tax from the family of President-elect Ferdinand Marcos...
Indonesia hits $1-trillion GDP benchmark
Indonesia, Southeast Asia’s largest economy, for the first time crossed the $1-trillion mark in its GDP revenues, reaching an estimated $1.004 trillion as per...
Cash-strapped Philippine government plans tax amnesty programme
The Philippine government plans the implementation of an Indonesia-type tax amnesty programme to raise much-needed revenue for the government.
Finance Secretary Carlos Dominguez told Bloomberg...
ADB to pump $1 billion in development loans into Cambodia
The Asian Development Bank (ADB) has offered Cambodia development loans of more than $1 billion in the coming four years as the Manila-based financial...
Indonesia growth prospects revised by ADB
The Asian Development Bank (ADB) in an update of its Asian Development Outlook 2016 revised down its forecast for Indonesia’s economic growth this year...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...