A group of mall operators has called on the government for remedy, citing losses of almost 15 billion baht worth of sales revenue during forced closure between March 22 to May 17. According to a source from the Thai Shopping Centers Association (TSCA) who requested anonymity, the association recently filed a letter with the government […]
Read MoreThe Hanoitimes – With the new threshold in place, set to take effect from January 1, 2020 retrospectively, there would be more than 1 million people whose incomes are not taxable. The Standing Committee of the National Assembly (NA) has approved the government’s proposal to raise the personal income tax threshold from VND9 million (US$389) per […]
Read MoreCommunication and Information Minister Johnny G. Plate has urged digital companies to improve their cybersecurity systems following recent reports of data breaches on Indonesia’s largest e-commerce platforms. The minister said on Friday that Indonesia’s digital economy was “under attack” and that companies needed to routinely increase their investments into cybersecurity. “There were large scale attacks […]
Read MoreMANILA, Philippines — Despite the lifting of the price freeze last May 15, an increase in the prices of basic goods and commodities is unlikely until June, the Department of Trade and Industry (DTI) said on Tuesday. “We have requests for price increases from different manufacturers but we are not acting on them up yet […]
Read MoreSINGAPORE – Bank customers are increasingly going online to invest in the wake of social distancing measures that are keeping them out of branches. DBS Bank, OCBC Bank and United Overseas Bank (UOB) noted that more people are opening accounts that they can use for digital investing and using robo-advisory services in greater numbers. The monthly […]
Read MoreCambodia’s two main listed autonomous ports reported a slight increase in revenue in the first quarter this year even though the Covid-19 pandemic hit global transportation hard, according to financial reports filed to the stock exchange. However, the ports saw their profits dramatically decline during the period. Cambodia Securities Exchange (CSX)-listed Sihanoukville Autonomous Port (PAS) […]
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Thailand
