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Philippines: Renovation of tourism enterprises gets tax perks

MANILA, Philippines — The government will grant tax incentives to various tourism enterprises for the renovation or modernization of their facilities in line with upgrading health and safety protocols, the chief of the Department of Tourism (DOT) said. “The Board of Investments (BOI) has approved tax incentives that can be given to tourism enterprises that […]

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Cambodia: New online portal will benefit SMEs

The Ministry of Industry, Science, Technology and Innovation is setting up what it calls the National SMEs Information Web Portal, called “KhmerSME”, to allow local small and medium enterprises (SMEs) to access various information and lets foreign direct investors (FDIs) to seek information from existing SMEs in Cambodia. With this portal, SMEs are able to […]

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Philippines: Trade gap narrows to new 2-year low

MANILA, Philippines — The country’s trade deficit narrowed to a new two-year low of $500 million in April as steep declines were registered in both imports and exports during the month, the Philippine Statistics Authority (PSA) reported yesterday. Total external trade in goods last April reached $6.07 billion, down by 59.8 percent from $15.10 billion […]

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Thailand: Further easing in works

Restaurants, hotels and eateries are likely to be allowed to serve alcoholic beverages on their premises in the fourth phase of easing the Covid-19 lockdown under a proposal to go to the Centre for Covid-19 Situation Administration (CCSA) on Friday. Also, the night curfew could be lifted for 15 days, as a trial, but the […]

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Thailand: Travel agents hopeful of domestic tourism

The Thai Travel Agents Association (TTAA) aims to attract 1 million outbound tourists who booked tour packages over Songkran but failed to use them because of the pandemic to travel domestically instead, in hopes of raising 20 billion baht in tourism revenue. TTAA president Thanapol Cheewarattanaporn said that if the government lets people travel domestically […]

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