The government’s push to collect value-added tax (VAT) from foreign digital platforms could level the playing field between domestic and foreign players, but risks increasing the service costs that may be passed on to consumers, according to industry veterans. Concerns have also been raised on how the move could be practically enforced. The fresh push […]
Read MoreWhile not particularly popular among retail investors, investment in the bond market provides prospects for a safe and steady income, as the government plans to issue more debt papers to fund the nation’s COVID-19 battle, a webinar has concluded. Handy Yunianto, head of fixed income research at Mandiri Sekuritas, said that low interest rates made […]
Read MoreKUALA LUMPUR, June 11 — Malaysia Airlines is cautioning customers who are looking to make flight bookings, with the airline verifying that its URL is at www.malaysiaairlines.com to ensure the authenticity of the booking site. The airline said it had discovered that a search for “Malaysia Airlines” via Google will direct customers to a fake website with incorrect fares. In a […]
Read MoreCouncil for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $65.6 million. According to the council’s press releases issued recently, the new projects approved are expected to create nearly 5,000 jobs for the locals. The five projects cover the production of clothes, […]
Read MoreMANILA, Philippines — The aviation industry’s recovery will be long and challenging as airlines will remain financially fragile until next year, according to the International Air Transport Association. IATA said airlines globally are expected to lose $84.3 billion this year, with revenues to be slashed by half to $419 billion from $838 billion in 2019. […]
Read MoreThe Treasury Department has proposed a 50% reduction in rental fees for state lands used for commercial purposes by businesses to reduce operators’ financial burdens and help maintain the employment rate. Details of the rental reduction are being deliberated, along with conditions for renters, said director-general Yuttana Yimgarund. For instance, business operators would have to […]
Read More
Thailand
