MANILA, July 9 (Xinhua) -- The Philippines has called for urgent reform of the international financial system to better support middle-income countries (MICs) amid mounting global challenges, the ...

PRAIA, July 1 (Xinhua) -- The World Bank has reclassified Cape Verde from a lower-middle-income country to an upper-middle-income country, reflecting an increase in per capita income, the institution ...

You can calculate your tax liability under salaries tax or personal assessment by using a simple Tax Calculatordeveloped by the Inland Revenue Department. How Salaries Tax is computed Salaries Tax ...

Whether or not you can apply for an exemption of some or all of your income from salaries tax depends on the source of your employment. This note provides information on the territorial concept of ...

China can easily avoid what is known as the middle income trap given its still rapidly growing productivity, said Frank Gong, managing director of JP Morgan Securities (Asia Pacific) Limited.

Middle income trap就是“中等收入陷阱”，指当一个国家的人均收入达到中等水平，经济增长动力不足，最终出现经济停滞的一种状态。