KUALA LUMPUR, May 8 ― Companies in Malaysia in a recent poll are most worried about making payroll and having no customers, with most reporting that they were forced to use their reserves for operational costs during the nationwide movement control order (MCO) as many of them also reported no sales and revenue in that […]
Read MoreThe central bank of Vietnam had previously cut the benchmark interest rates by 0.5 – 1 percentage point in March. If business performance is below expectation, the State Bank of Vietnam (SBV), the country’s central bank, may reduce policy rates by another 0.25 – 0.5 percentage points in the future, according to Bao Viet Securities […]
Read MoreDelishop.Asia, the leading online supermarket in Cambodia, has once again come up with an important innovation, this time a system that will enable it to deliver products to customers with negligible risk of Coronavirus transmission. The launch of a contactless delivery and service options for online payment was announced by the company in a news […]
Read MoreState-owned electricity company PLN acknowledged that the use of a new calculation method had caused an increase in electricity bills in April. PLN Jakarta general manager Ikhsan Asaad said on Wednesday that his office had addressed 2,200 complaints related to high electricity bills within the capital for the previous month. Ninety-four percent of the increases were proportional to […]
Read MoreMANILA, 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 – […]
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Thailand
