Achieving tax revenue collection targets is not a priority for the Revenue Department amid the stuttering economy, says the department’s chief. The current situation is not the right time for the Revenue Department to chase tax payments, said director-general Ekniti Nitithanprapas, adding that fiscal policy must be adjusted in line with the economic circumstances. The […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Singapore companies are expected to deliver US$14.2 billion (S$20.2 billion) in dividends in 2020, down 4.5 per cent from US$14.8 billion a year ago. The fall in dividends comes amid a stark outlook following the implementation of Singapore’s circuit breaker since April 7, which is projected to trigger a shrinkage of gross […]
Read MoreCambodia lifted a ban on entry of visitors from Iran, Italy, Germany, Spain, France and the United States that had been put in place to curb the spread of coronavirus, the health ministry a week ago and the immediate result of this is the detection of two COVID-19 positive patients. The cross signals sent by […]
Read MoreThe EU-Vietnam Free Trade Agreement (EVFTA), to take effect shortly, is expected to make up for some of the losses Vietnam’s economy incurred during the COVID-19 pandemic, according to insiders. The Ministry of Industry and Trade (MoIT) said that amid a global economic crisis caused by the coronavirus outbreak, the EVFTA will play an important […]
Read MoreSINGAPORE – Small and medium-sized enterprise (SME) tenants will get more rent relief through a cash grant to offset their rental costs as part of the Government’s efforts to help them get back on their feet after the circuit breaker period. A new Bill will also be introduced next week that mandates that landlords contribute by […]
Read MorePreah Sihanouk provincial authority is to establish a master plan to develop the beach in the province, especially the new stretch of bays from Sihanoukville Autonomous Port to a new area called “Chumteav Mao or Madam Mao Beach”, according to a senior tourism official of Sihanouk province. Taing Sochet Krisna, Preah Sihanouk provincial tourism director, […]
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