The Hanoitimes – Online payment is essential as the government targets to provide at least 30% of online public services at advanced stages of 3 and 4 in 2020. The Vietnamese government aims to fully integrate the online payment function on the national public services portal by September 15, aiming to ensure convenience for the people […]
Read MoreOutgoing Bank of Thailand Governor Veerathai Santiprabhob said public debt restrictions should be eased to allow the government to spend more as monetary policy options dwindle with interest rates already at an all-time low. Given the severity of the pandemic-driven downturn, the governor said his “personal view is that the 60% public debt-to-GDP limit can […]
Read MoreHLH, otherwise also known as Hong Lai Huat, whose core business or property development and agriculture, has teamed up with Skiold A/S of Denmark to explore investment into a $ 1 billion proposed Cambodia-Singapore Agriculture Special Economic Zone. According to reports published in The Edge, Singapore, the objective of the MOU is to “create the […]
Read MoreIndonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom, to a list of internet-based businesses that must pay a 10% value-added tax on sales. In July Indonesia had already announced that Alphabet Inc’s Google Asia Pacific, Netflix and Facebook among other tech companies would be liable to VAT. […]
Read MoreMANILA, Philippines — Global rating agency Fitch Ratings expects the Philippines to suffer a deeper economic contraction of eight percent this year, and noted a continued erosion of the country’s fiscal buffers amid the coronavirus pandemic. In a report, Fitch Ratings said the Philippine economy may decline by much more than the previous estimate of […]
Read MoreKUALA LUMPUR, Sept 9 — The early economic indicators for July have shown that the nation’s economy is improving, said Deputy Finance Minister II Mohd Shahar Abdullah. He said exports have increased by 3.1 per cent year-on-year, while sales of passenger cars and commercial vehicles also rose by 27.3 per cent and 44.8 per cent, respectively, during the month, compared to […]
Read More
Thailand
