Consumers will be able to use standardised quick response (QR) code payment on their smartphones to pay for purchases at shops, street vendors and motorcycle taxis starting in the fourth quarter of this year. Yesterday, the Bank of Thailand teamed up with five international payment networks and financial service providers in Thailand to roll out […]
Read MoreThe sales of fast-moving consumer goods (FMCG) grew by just 1% in the first half, the lowest rate in the past decade, says market research firm Kantar Worldpanel Thailand. The consumable products in the category cover those which are sold quickly and are inexpensive, including non-durable goods such as soft drinks and processed foods. The […]
Read MoreHCM CITY — The consumer price index (CPI) in the largest southern economic hub of HCM City in August rose 0.5 per cent from the previous month and 3.63 per cent over the same period last year, the municipal Statistics Office reported on August 29. According to the office, the prices of six out of 11 […]
Read MoreTEMPO.CO, Jakarta – Conventional business regulations are hampering the collection of e-commerce taxes by the Directorate General of Tax. The prevailing tax regulations require the physical presence of taxpayers in tax reporting. “In the digital era, the physical presence is no longer important. People can work and make money anywhere,” Tax DG official Ahmad Sadiq Urwah said […]
Read MoreKUALA LUMPUR: Standard Chartered Global Research has raised its 2017 GDP growth forecast for Malaysia to 5.4% from 4.6% underpinned by the strong first half performance but it expects growth to moderate in the second half. It said on Wednesday this reflects strong first half (H1) growth of 5.7%, although it still expects growth to […]
Read MoreMANILA, Philippines – The Philippine Economic Zone Authority (PEZA) has decided to pre-qualify the proposed projects involving alleged “notorious Taiwanese fugitive swindler” You-Hao Chen. Director general Charito Plaza said PEZA has granted in late July pre-qualification clearance to First Pangasinan Industrial Corp.’s planned mixed-use economic zone in Pangasinan. First Pangasinan is a 60 percent Filipino […]
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