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Thailand: Malls set to open for longer

A committee evaluating the easing of lockdown measures has proposed extending the opening hours of shopping malls and shortening the curfew period next month, according to a source at Wednesday’s National Security Council (NSC) meeting. The next stage of the loosening of the coronavirus lockdown could happen if the kingdom continues to record low numbers […]

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China to allow Singapore and other countries to apply for ‘green channel’ for flights: Chinese state media

BEIJING – China will soon relax its border controls for Singapore and several countries, allowing certain categories of people to travel to some cities. Chinese state media on Wednesday (May 27) reported that the Civil Aviation Administration of China (CAAC) will let domestic and foreign airlines apply for “green channels” for chartered flights to airports in the […]

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Onepay app helps Myanmar move to a cashless society

The e-payments space has been one to watch during the past 10 years in Myanmar, with Onepay’s interbank app being the most recent innovation to reach the market. Launched earlier this month, Onepay’s mobile platform allows users to transfer funds among seven local institutions – Asia Green Development Bank (AGD Bank), Ayeyarwady Bank (AYA Bank), […]

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Philippines: FDI up 12% in January

MANILA, Philippines — The Philippines booked a 12.1 percent hike in net inflow of long-term investments to $657 million in January from $586 million in the same month last year prior to the full-blown global coronavirus outbreak, according to the Bangko Sentral ng Pilipinas (BSP). The central bank said the increase in foreign direct investments […]

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FIEs try to evade tax in Vietnam

Vietnam plans to enact a law to fight against the transfer pricing tax in an effort to enforce transfer pricing rules more aggressively, according to Cao Anh Tuan, general director of the General Department of Taxation (GDT). VEPR (the Vietnam Institiute for Economic and Policy Research), in its research on the behaviors of FIEs of […]

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