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- 2015-10-29
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[Indonesia] THIRD POLICY PACKAGE; FUEL PRICE OF ELECTRICITY RATES The government said it has and will continue to launch a series of economic policy package to address the slowdown due to the global economic downturn.
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| [Indonesia] INDONESIA CUTS TIME TO PROCESS COMPANIES’ TAX REQUESTS | ||||
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Indonesia's Investment Coordinating Board (BKPM) on Tuesday issued a new regulation that will significantly cut the processing time for tax holiday and tax allowance requests, the board's chairman announced.
Under the new regulation, a company's proposal to secure a tax holiday or a tax allowance will be handled by the government within 45 and 25 working days, respectively, said BKPM chief Franky Sibarani. Under the old regulation, investors had to wait as long as 125 working days to find out whether their request to secure a tax holiday was approved by the Indonesian government or not. | ||||
| [Indonesia] INDONESIA OFFERS LOANS TO HELP COMPANIES PREVENT LAYOFFS | ||||
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The Indonesian government is willing to provide companies in labor-intensive sectors with cheap loans to help prevent more mass layoffs, a minister said on Friday.
Finance Minister Bambang Brodjonegoro said the offer of working capital loans applies only to companies in labor-intensive and export-oriented industries. Bambang said the government will provide the Indonesian Export Financing Agency (LPEI) with Rp 1 trillion ($68 million) from the 2015 state budget for this purpose. | ||||
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| [Vietnam] TPP A MAJOR BOOST TO GROWTH | ||||
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CEO of HSBC Vietnam, Pham Hong Hai, spoke with VET about what lies in store now the TPP has been signed.
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| [Vietnam] INVESTORS KEEN ON HCMC'S EAST | |
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Mr. Neil MacGregor, Managing Director of Savills Vietnam, tells VET about the potential of property investments in the eastern area of Ho Chi Minh City.
What factors contribute to the potential of the east of Ho Chi Minh City in attracting real estate development compared with other parts of the city? The key factor for the eastern area is its strategic position as a gateway to the city and southern provinces. |
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