The general feeling is that in the evolving dynamics of Indonesia’s economy, the government’s decision to maintain the effective Value Added Tax (VAT) rate at 11% through Finance Ministry Regulation ...

Vietnam’s tax reforms are expected to drive economic growth, ensure fair tax practices, and align Vietnam’s tax system with ...

Based on recent information, the ASEAN LV market is estimated to have dropped by 6% YoY to 3.11 million units in 2024.

Prabowo Subianto enjoys an 81% approval rating after 100 days as Indonesia's president, thanks to fulfilling campaign promises. His people-focused programs include a multi-billion dollar nutritious ...

Indonesian President Prabowo Subianto is deeply invested in areas of his interest but the policies that fall outside are ...

Consumer confidence in Bangladesh is at a low level, while investor confidence is negative both domestically and internationally, said a former president of the Metropolitan Chamber of Commerce and ...

Foreign digital service providers operating in the Philippines only have four months to comply with the mandatory ...

The recent VAT hike has created a dual rate system that presents liabilities to both entrepreneurs and consumers, pointing to a need for accountability on the part of the public in understanding ...

On Dec 31, 2024, Indonesian President Prabowo Subianto announced an abrupt reversal of a long-anticipated increase in ...

Indonesia is defying pressure on the beleaguered rupiah to shore up the country’s slowing economy three months into President ...

The VAT rate hike for luxury goods (from 11 percent to 12 percent per January 2025) makes it more expensive for people to buy luxury cars (although these only constitute a small portion of total car ...

There was strong demand between 2017 to 2019, a supply correction occurred in 2021 and 2023. In a recent report, Savills ...