The private sector has proposed the government to put off the new land and buildings tax act for a year, citing the current economic environments are not yet proper to start a collection in August this year as scheduled. Supant Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), after yesterday’s second meeting of the […]
Read MoreThe health crisis has led to huge demand for capital for Vietnam to fuel domestic production activities and medical treatment. However, questions arise over how the country can positing itself to access more international loans amid its efforts to control public debts. As more countries impose quarantines and social distancing, the fear of contagion and […]
Read MoreMANILA, Philippines — S&P Global Ratings expects the Philippine economy to contract this year as businesses came to a grinding halt amid the coronavirus disease 2019 or COVID-19 outbreak. In a report, the debt watcher said it now expects the Philippine economy to contract by 0.2 percent instead of growing by 4.2 percent this year. […]
Read MoreJAKARTA (REUTERS) – Facebook Inc is preparing to apply for regulatory approval in Indonesia to launch mobile payments in partnership with three local digital fintech firms, people familiar with the matter told Reuters. The plan, if approved, could be among the first such services under the unified payment service Facebook Pay it, which the social […]
Read MoreThe real estate sector is one of the nation’s key economic drivers to feel a severe pinch as a result of the COVID-19 pandemic. But while it may seem counterintuitive to invest in such uncertain times, industry insiders say it could be exactly the right time to buy property. Sean Sothea Nhem, a certified international […]
Read MoreHotels are eager to welcome Chinese guests as a survey confirmed tourists are ready to return, since the yuan has appreciated against the baht and airlines are restarting their activities. The China Thailand Travel Sentiment Survey 2020 conducted in mid-April by C9 Hotelworks and DAC China Digital Services revealed 53% of Chinese tourists would like […]
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Thailand
