MANILA, Philippines — The Securities and Exchange Commission (SEC) has noticed a continued spike in the proliferation of investment scams amid the coronavirus disease 2019 or COVID-19 pandemic. In separate advisories issued on May 5, the SEC identified five more groups engaged in investment-solicitation activities without the necessary license. These are CryptoInvestWith.Us (CIW.U); Won Project/ […]
Read MoreVietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam. Tens of thousands of businesses have been detected violating enterprise income tax rules worth up to trillions of VND per year from 2010 – […]
Read MoreA tax break has been granted to taxpayers of commercial buildings under the Municipal Boards, with consent from His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam. The announcement was made by Minister of Home Affairs Pehin Orang Kaya […]
Read MoreE-commerce is not an alternative, but a survival tactic for small businesses affected by the crisis, with social commerce accounting for 40% of total online transactions, says an e-commerce executive. Social commerce has been gaining popularity because it facilitates a direct interaction between buyers and sellers, said Thanawat Malabuppha, president of the Thai e-Commerce Association. […]
Read MoreTHE oncoming rise in unemployment will dwarf that during the global financial crisis (GFC) said ANZ Research in a report on Friday, adding that it is unlikely to revert to pre-COVID-19 levels even after activity starts to normalise. In particular, the unemployment situation could be more severe in economies with large informal sectors such as Indonesia and […]
Read MoreCambodia has signed avoidance of double taxation agreements (DTAs) with six countries in Asean and has more in the pipeline. The deals ultimate goal is to facilitate better investor access, an official at the General Department of Taxation (GDT) said yesterday. Seng Cheaseth, director, Department of Law, Tax Policy and International Tax Cooperation at GDT, […]
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Thailand
