Crypto tax postponed again: Why Korea remains a rare case
The original plan proposed a 22 percent tax on annual crypto income exceeding 2.5 million won ($1,750) starting in January 2022 but has been delayed three times due to political…
Policy Matters
Exports hit as India wants ‘no Chinese component’ in Nepali goods
Manufacturers and exporters say they are in a dilemma over trade with India following the restrictive measures imposed by New Delhi on Nepali goods. Making matters worse is the…
Trump’s policy to drive growth of Thai property sector in 2025
Property consultant confident the expected tariffs on China will push foreign businesses to move their bases to Thailand.
Flexible arrangements are here to stay, but not the norm, says Malaysian Employers Federation
On the proposed four-day work week, Shamsuddin said 43.3% of companies operating in a shift environment were of the opinion that it was not feasible while 26.8% in the non-shift…
Japan’s tourists consumption tax exemption to take new form
Under the current system, tax is waived at the time of purchase in Japan, and it has been said that there is rampant fraudulent behavior, such as the domestic resale of such items…
Japan fair trade commission probes Amazon Japan on suspicion of violating Anti-monopoly Law
According to sources familiar with the matter, Amazon Japan demanded that its third-party merchants should set lower retail prices than those seen on rival online shopping…
Vietnam vows to create favourable conditions for Korean investors
The Vietnamese Government highly appreciated the business activities and contributions of Korean enterprises in Vietnam. There has been a strong shift from simple processing…
Japan’s draft economic plan stipulates support for AI, semiconductor sectors
The draft names three primary goals: national and regional economic growth; overcoming high prices; and ensuring the safety and security of the public.
Singapore approves new investment incentives ahead of global minimum tax
Speaking in Parliament on Nov 11, Minister of State for Trade and Industry Alvin Tan said Singapore will keep updating its toolkit of incentives to attract investments and also…
Changi Airport to raise passenger and airline fees over six years to fund $3b improvement plans
Departing passengers who start their trips at Changi Airport will continue to pay a total of $65.20 in fees for the next two years. But this will go up in stages from April 2027,…