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JAKARTA: Indonesia has increased tax incentives for businesses in a move to try and limit the economic impact of the coronavirus pandemic, its tax office said.
BEIJING (China Daily/ANN): China has reiterated that it would not allow banking and insurance institutions to clandestinely divert funds to bourses and the real estate sector amid renewed efforts to curb financial risks and stock market volatility, and home price spurts.
STOCKS have started the second half of 2020 in a strong position after a volatile period in the first half of the year.
Loan applications will increase but disbursements will be low, says an economist
BANGKOK (The Nation/ANN): The Covid-19 crisis has had a massive impact on household debt and it is expected to rise to more than 80 per cent of GDP, the National Economic and Social Development Council (NESDC), a state think-tank, has warned.
Developers have been using an overall headline price in the sale and purchase agreement (SPA) as opposed to the real price.
TOKYO (AP): Asian shares rose Tuesday (May 19) on optimism about a potential vaccine for the coronavirus after hopes for a US economic recovery in the second half of the year sent Wall Street into a rebound.
KUALA LUMPUR: Parkson Credit Sdn Bhd (Parkson Credit) has raised RM150mil through HSBC Malaysia’s bespoke receivables purchase facility.
SYDNEY: Australia's corporate watchdog said on Friday it had begun civil penalty proceedings in court against a unit of Volkswagen AG