(KPL) The Department of Tax has launched a system that ensures land tax payment isbank-based, safe, and fast. “To improve tax payment mechanism and method for convenience, verifiability and ensure the integration of tax revenue information system, the Department of Tax in cooperation with a local IT company andBanque Pour Le Commerce Exterieur Lao (BCEL) has conducted a research […]
Read More2018 was the year e-commerce established itself as one of the region’s fastest growing sectors. Over the past three years, it has been the most dynamic sector of the digital economyaccounting for close to US$11 billion in gross merchandise value (GMV) in 2017, exceeding US$23 billion in 2018. By comparison, in 2015, the sector’s size was […]
Read MoreHANOI — The Ministry of Industry and Trade (MoIT) will conduct annual inspections on a number of State and private businesses in different sectors, including those involved in petroleum, telecommunications, pharmaceuticals and multi-level marketing. Minister Tran Tuan Anh signed the inspection plan for 2019. The ministry’s inspectors and related departments will inspect 245 business and […]
Read MoreThe government is considering imposing the Tobin tax, which penalizes short-term currency speculation, to control the flow of hot money. Macroeconomic policy center head Adrianto of the Finance Ministry’s Fiscal Policy Agency (BKF) said the objective of the tax was to prevent the outflow of hot money from the stock, bond and currency markets. The quick movement of currency speculation was to blame for […]
Read MoreThe National Bank of Cambodia (NBC) will continue to promote the development of the Fourth Industrial Revolution in the kingdom’s financial sector, according to its report on Macro-Economic and Banking Sector Development in 2018 and Outlook for 2019. It said the continuing development of human resources and technology is important for maintaining the efficiency of […]
Read MoreLONDON: This year will see more emerging market countries raise interest rates than at any point since the pre-financial crisis uplands of 2006, analysts at JP Morgan predict. A presentation by the U.S. investment bank showed 19 of the 24 emerging economies it follows are likely to lift borrowing rates. Only one country, Malaysia, will […]
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Thailand
