Thailand’s public debt dangerously close to ceiling, expert warns
Public debt soared from 41-42% in 2019 to 62.4% in 2023, driven up by government relief measures during the pandemic. Economists say the government’s plan to borrow 500 billion…
Policy Matters
Bangladesh business environment deteriorated in 2023: survey
The decline was likely the result of sluggish regulatory reforms, weak infrastructure and difficulty in access to finance, according to the Bangladesh Business Climate Index.
Shanghai makes it easier for people to buy property there
Non-local people will be able to buy an apartment in the city, as long as they have paid tax in Shanghai for three years. Previously, the requirement called for them to have paid…
Tax reform vital for Bhutan’s economic growth
Bhutan is grappling with significant challenges in its tax policy, tax administration system, and Information Technology infrastructure.
Chambers, trade groups jointly oppose 400 baht minimum wage
Adjusting the minimum wage without considering the regulations could lead businesses and entrepreneurs to cease operations, downsize, or move their businesses out of the tax…
Prime Minister Dahal calls for foreign investment in Nepal
Prime Minister Dahal said Nepal has immense potential for consumer-driven growth with over 60 percent of Nepal's population falling within the working-age group and a rapidly…
New rules to benefit workers in Malaysia
Employers must analyse risks in the workplace and appoint a health safety coordinator under a newly amended law that takes effect on June 1.
Japan aims to minimise gender wage gap to match western nations
According to the Japan Institute for Labor Policy and Training, the gender wage gap in 2021 was 22.1% in Japan. The figure stood at about 16% in the United States and Canada and…
Depositors’ money in merged banks will remain completely safe: Bangladesh Bank
The accountholders of two merging banks will be able to maintain their respective accounts as before even after the completion of the merger, the central bank also said in a…
Bangladesh may lower corporate tax to encourage compliance
The government revenue authority is also planning other fiscal measures like raising the tax rate on higher-income people to contain the country's gaping income inequality,