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Malaysia: New tax could impact firms relying on foreign digital services

KUCHING: Budget 2019’s digital tax at the commercial level could potentially impact companies that rely on foreign digital services such as web hosting, AmInvestment Bank Bhd (AmInvestment Bank) opine in a N2N Connect Bhd (N2N) company report. According to AmInvestment Bank, these foreign digital services include web hosting, cloud storage, payment gateway and customer-relationship management […]

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Mercer: Thai salaries to spike by 5% in 2018

Salaries in Thailand are projected to grow 5% this year across industries, according to results from a survey by the global consultancy Mercer.  The automotive sector was projected to have the highest salary increases at 5.5%.  Ake Ayawongs, chief executive and partner of Mercer Thailand, said the future of work in the digital era poses […]

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Philippines ‘very careful’ with China loans

MANILA, Philippines — Budget Secretary Benjamin Diokno yesterday assuaged fears that the country may fall into a “debt trap” as he assured the public that the government is “very careful” in dealing with China’s loan offers. The budget chief made the statement following US Vice President Mike Pence’s warning against China’s “debt diplomacy” during his speech at […]

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