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Thailand: Trade fairs reworked as focus turns to online events

The Commerce Ministry is set to host its first online trade show — Multimedia Online Virtual Exhibition (Move) — along with a business matching platform for digital content entrepreneurs in late May, expecting sales worth 1 billion baht. Somdet Susomboon, director-general of the International Trade Promotion Department, said that because the pandemic remains rampant and […]

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Philippines: BIR, BOC collections down further

MANILA, Philippines — Total collections of the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) from January to mid-April declined further due to quarantine measures and the extension of the deadline for the filing and payment of income and other taxes to next month, according to the Department of Finance (DOF). In […]

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Indonesia to maintain debt sustainability despite COVID-19 relief spending: ADB

Indonesia’s debt is expected to remain sustainable this year despite a steep increase in the planned issuance of government bonds to finance the country’s widening budget due to a big COVID-19 stimulus check, the Asian Development Bank (ADB) has said. ADB Indonesia country economist Yurendra Basnett said that the country had entered the COVID-19 crisis with one of the lowest debt-to-gross domestic […]

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