Central Bank of Egypt Reports Record Treasury Bill Issuance Amid Declining Yields Table of Contents Central Bank of Egypt Reports Record Treasury Bill Issuance Amid Declining Yields Treasury Bill Auction Highlights Key Data from the Auction Broader Debt Issuance Trends Declining Yields Across Maturities future Debt issuance Plans Why This Matters Central … Read more
Vietnam Streamlines government Structure: Ministry of Finance Undergoes Major Reorganization In a bold move to enhance efficiency and reduce bureaucratic redundancy, Vietnam’s Ministry of Finance is set to undergo a important change. The reorganization, part of the broader implementation of resolution No.18, aims to streamline the government apparatus by merging key departments and reducing administrative … Read more
Indonesia’s New Official Vehicle Regulations: A Shift Toward Efficiency and Sustainability The Indonesian Ministry of Finance has recently introduced updated regulations governing the standards and requirements for state-owned goods, with a particular focus on the allocation and specifications of official vehicles for ministers and deputy ministers. These changes, outlined in Minister of Finance Regulation No.138 … Read more
South korea to Expand Won’s Global Reach Table of Contents South korea to Expand Won’s Global Reach China’s New Foreign Investment Rules: A Global Impact Stay connected with Oriental Fortune: Follow Us on WeChat Won’t Rest Until Reached Global Stage: Discussing South Korea’s Plan to Strengthen the Won In a move designed to boost its … Read more
IndonesiaS Rice Remains Exempt from VAT Hike indonesia’s planned increase in Value Added Tax (VAT) from 11% to 12%, effective next year, will not impact the price of domestically produced rice, according to the National Food Agency (NFA). The NFA head,Arief Prasetyo Adi,clarified that the VAT increase will only apply to imported rice,particularly premium varieties … Read more
The Netherlands‘ enterprising plan to overhaul its wealth tax system has hit a major snag, resulting in a one-year postponement adn a hefty price tag for the government. The new system, designed to replace a regime deemed unconstitutional by the country’s Supreme Court, will now not be implemented until at least January 1, 2028, … Read more
Jakarta – The government has decided to reduce domestic airline ticket prices during Christmas and New Year (Nataru) 2024/2025. This policy is a direct instruction from President Prabowo Subianto to help the public by reducing the burden of ticket prices at all airports in Indonesia. “Yesterday, President Prabowo held a ratas (limited meeting) with the … Read more
Jakarta – The government, through the Ministry of Finance (Kemenkeu), has extended the corporate tax or tax holiday until December 31, 2025. This extension is stated in the Regulation of the Minister of Finance (PMK) Number 69 of 2024 a regarding Amendments to PMK No. 130/PMK.010/2020 regarding the provision of Corporate Income Tax Reduction Facilities. … Read more
Nikos Pappas responded to the government’s claims that the Greek economy is improving. In a related video he posted, the president of the SYRIZA Parliamentary Group presented economic data on employment, investment, growth and taxes in an attempt to debunk the New Democracy narrative. Nikos Pappa’s answers to Finance Minister Kostis Hatzidakis were as follows: … Read more
They froze everything… In this country we suffer, among other things, from regulatory uncertainty. In other words, together with the polynomial, each branch, more or less, does not know what is dawning on it and how the context within which it must survive will change. In other words, we are not talking about development, but … Read more