The chorus of voices defending and opposing the reduction of tax rates for undisclosed income has come to the fore again following the submission of the Union Tax Bill 2019 to the Pyidaungsu Hluttaw earlier this month. The proposed tax reduction rate, or tax amnesty, could see tax rates revised to 3 percent for income […]
Read MoreThe Hanoitimes – John Chong, CEO of Maybank Kim Eng, said in order to take advantage of the shifting of FDI inflow from tech firms, Vietnam must make investments to improve its labor force and infrastructure. Though Vietnam has opportunities in attracting FDI firms in the wake of the Sino-US trade dispute, the country must make […]
Read MoreIndonesia’s digital economy is expected to almost double in value from Rp 814 trillion last year to Rp 1.447 quadrillion (US$101 billion) by 2024, a recent study says. The joint study by the Institute for Development of Economics and Finance (Indef) and non-profit research foundation Laboratorium Data Persada has found that the digital economy generated added […]
Read MoreTinh Tinh E-commerce, Cambodia’s first state-backed online marketplace, officially launched last week. For in depth analysis of Cambodian Business, visit Capital Cambodia The e-commerce platform, hailed by developers as the Kingdom’s biggest, is owned by Cambodia Post E-Solutions PLC – a venture of Cambodia Post – Chinese firm ZVS Investment, and local tech company Paxxa Mobile […]
Read MoreThe Foreign Ministry has asked the government to review the economic ministers’ proposal to offer a visa waiver to Chinese and Indian tourists as a part of the government’s economic stimulus package. The ministry has voiced opposition to the measure proposed by the Tourism and Sports Ministry, citing national security considerations. Last Friday, a meeting […]
Read MoreMANILA, Philippines — Asia’s largest low-cost airline AirAsia is set to remove processing fees for the Philippines starting next year to keep air travel affordable. The AirAsia Group, in a statement over the weekend, said it will remove processing fees for Malaysia for bookings made from Oct. 1 and for Thailand, Indonesia and Philippines by […]
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Thailand
