Cambodia’s 2020 tax revenues are expected to continue to grow, while transparency is also set to improve as tax officials become more aware of anti-corruption laws, according to the director general of the General Department of Taxation (GDT) on Monday. Speaking to tax officials at a workshop in the capital on the Anti-Corruption Law, Kong […]
Read MoreMANILA, Philippines — The country’s balance of payments (BOP) reverted to a $248 million surplus in July amid the strong inflows from the central bank’s foreign exchange operations and investments abroad as well as national government foreign currency deposits. The Bangko Sentral ng Pilipinas (BSP) said the BOP position yielded a surplus of $248 million […]
Read MoreThe new stimulus package is estimated to boost economic growth by at least 0.55 percentage points and help this year’s growth to expand 3% or above, says Finance Minister Uttama Savanayana. “We hope the country’s GDP growth this year will achieve the National Economic and Social Development Council’s expectation of 3% or higher,” he said. […]
Read MoreThe National Economic and Social Development Council (NESDC) has revised down its forecast of this year’s economic growth to 3 per cent, following a slowdown in activities in the first half. Growth in the second quarter stood at 2.3 per cent, a near five-year low, or the past 19 quarters. “It is not crisis, the […]
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Thailand
