MANILA, Philippines — The government’s tax revenues saw an improvement last June, but still remained lower year-on-year in the first half amid the coronavirus disease 2019 or COVID-19 pandemic, the Department of Finance (DOF) reported yesterday. Citing preliminary data, DOF said the combined collections of the Bureau of Internal Revenue (BIR) and Bureau of Customs […]
Read MoreThe Hanoitimes – Inflationary pressure in the remaining six months would be insignificant as the oil prices are unlikely to surge, which is a result of a possible global economic recession. The government’s target of keeping the inflation around 4% this year would be feasible if the monthly consumer price index (CPI), the main gauge of […]
Read MoreKUALA LUMPUR, July 3 — According to an online poll conducted by the Credit Counselling and Debt Management Agency (AKPK), 88 per cent or 1,648 of 1,873 respondents, opted for the deferment of financial repayments under the moratorium introduced by Bank Negara. AKPK Financial Education Department, Module Development Unit head, Nirmala Supramaniam said a survey […]
Read MoreBusinesses need to gear up for digital transformation, cost reduction, cross-industry expansion and preparation for incoming related laws as a way to speed their recovery and explore new opportunities in the post-pandemic period, says the Bluebik Group consultancy. Speaking at an online press briefing on Thursday, chief executive Pochara Arayakarnkul said Thailand’s service sector, a […]
Read MoreChinese tech behemoth Alibaba plans to open its third cloud data center in Indonesia by next year in expanding its presence in the Indonesian market amid rising competition. Alibaba Cloud, a subsidiary of Alibaba, said Tuesday the latest data center would minimize data loss-related risks by dividing workloads between the company’s three centers in Indonesia. […]
Read MoreMacau Legend will have to wait a little longer before it can start building what promises to be one of the biggest integrated resorts in Cambodia. In a filing with the Hong Kong Stock Exchange in December last year, the Macau-headquartered casino operator said it will delay the purchase of 1,200 hectares of land in […]
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