tax amnesty

Global Economy

Snaring tax cheats may help Pakistan assets attract billions

LONDON (April 19): Pakistan is mulling a tax amnesty to bring back wealth hidden in foreign assets, a move that may boost stocks, bonds and property.

Broker's Calls

Delfi now a more delectable option to OCBC

SINGAPORE (Sept 22): OCBC Investment Research has upgraded its previous “sell” call on cocoa manufacturer and distributor Delfi to “hold” with an unchanged fair value estimate of $2.34.

‘Good progress’ on Indonesia tax amnesty, but expenditure still an issue: Nomura

SINGAPORE (Sept 19): Nomura is maintaining its 2016 fiscal deficit forecast for Indonesia at 2.9% of GDP despite noting “good progress” of the nation’s recent tax amnesty deal.

Indonesians declare $12.2 bil of Singapore assets for tax

SINGAPORE (Sept 17): Indonesians have declared 117.3 trillion rupiah ($12.2 billion) of assets held in Singapore under the government’s tax amnesty, though only a small proportion of that figure ha

Singapore banks report Indonesians embracing tax amnesty to police

SINGAPORE (Sept 15): Private banks in Singapore are sharing with local police the names of clients embracing an Indonesian tax amnesty, people aware of the matter said, a move that could undermine

Rich Indonesians snap up Singapore luxury homes as taxman calls

SINGAPORE (Sept 13): Nevermind that Singapore is experiencing one of the worst property slumps in its history, demand for luxury housing is suddenly coming from an unexpected group: wealthy Indones

Indonesia tycoons line up for tax amnesty in boost for plan

JAKARTA (Sept 2): Two of Indonesia's wealthiest men said they will participate in a government-led tax amnesty to clear their past omissions, boosting the credibility of the programme.

Jokowi amnesty favours tax cheats and punishes payers, OECD says

(Aug 19): Indonesia’s tax amnesty is too generous and may even hamper compliance in an economy already ranked as one of Southeast Asia’s worst for collection, said the Organisation for Economic Coo

Indonesia tax amnesty approval a ‘short-term positive’, says Morgan Stanley

SINGAPORE (June 29): Morgan Stanley says Indonesia’s approval of tax amnesty on Monday is a “short-term positive”, even as it helps lift government revenue and alleviates fiscal cliff concerns.

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