Thailand announces new tax refund scheme to boost consumption

Thailand announces new tax refund scheme to boost consumption

Thailand has announced a new tax refund scheme to stimulate domestic spending and encourage the use of electronic invoices.
IMF warns US against cutting deficit too fast

IMF warns US against cutting deficit too fast

The International Monetary Fund warned Tuesday that the Obama administration could be slicing the deficit too fast for the weak US economy as it pared its growth forecast.
Obama anchors budget on tax cuts for the rich

Obama anchors budget on tax cuts for the rich

US President Barack Obama will Monday roll out a populist election-year budget challenging Republicans to support his job creation drive and to finally agree to hike taxes on the richest Americans.
Christmas belt-tightening in crisis-hit Europe

Christmas belt-tightening in crisis-hit Europe

Europeans are tightening their belts and spending less on Christmas gifts this year as they struggle with incomes hit by austerity measures or fear the economy could worsen in 2012.
Sharp eyes needed to watch spending

Sharp eyes needed to watch spending

Heavy-weight state expenditure this year underlines the need for transparency and strategic further spending.
Obama signs spending bill after skirting shutdown

Obama signs spending bill after skirting shutdown

President Barack Obama on Saturday signed into law a temporary spending bill averting a US government shutdown and ending for now a budget row between the Democrats and their newly empowered Republican foes.
Purse strings set to loosen in 2011

Purse strings set to loosen in 2011

Ralf Matthaes, Taylor Nelson Sofres (TNS) regional managing director for Vietnam and Malaysia, provides a unique insight into Vietnamese consumer spending trends in 2011.
Vietnamese enjoying that spending feeling

Vietnamese enjoying that spending feeling

“This trend will continue of course, as when the rich Vietnamese get richer and after they have all the luxury goods that they want”
Dining and entertainment tops purchasing priorities

Dining and entertainment tops purchasing priorities

Asia/Pacific may have cuisines that are as disparate as the region’s geography and culture, but consumers across the region expect dining and entertainment to be their top spending priority for the next six months.

State spending set to inflate budget deficit

Vietnam’s state budget deficit will grow next year with increased state spending on key development projects, but revenues from crude oil will drop, as planned, to maintain sustainable use of the nation’s natural resources.