phil03
Read More

Philippines: ‘Economy to shrink by 5%’

MANILA, Philippines — The Philippine economy is likely to contract by five percent this year due to the extent of lockdowns and the impact on tourism, said UK-based think tank Oxford Economics. In a new research brief titled “How COVID-19 impacts vary across ASEAN-5,” the economic research firm said the coronavirus pandemic delivers the largest […]

Read More
th03
Read More

Thailand: Foreigners to be allowed in

One thousand foreign visitors are expected to be allowed entry to Thailand per day and the standard 14-day Covid-19 quarantine rule will be waived, according to an implementation plan for “travel bubbles” to be submitted for the Centre for Covid-19 Situation Administration (CCSA)’s approval on Wednesday. These visitors, who in the beginning will be mostly […]

Read More
vn02
Read More

Earnings key for Vietnamese firms to enjoy tax cut: deputies

The new proposal on tax cuts for local firms should focus on changes of earnings, not personnel, so it benefits the worst-hit companies during COVID-19, National Assembly (NA) deputies said on Thursday. The prolonged global COVID-19 pandemic has had a severe impact on the Vietnamese business community, especially small companies, finance minister Dinh Tien Dung told […]

Read More