KUALA LUMPUR: Glove manufacturers’ corporate income tax is projected to be RM2.8bil in 2020 and RM4.7bil in 2021, according to Maybank Investment Bank Research following a dialogue with the Finance Minister. The research house said on Monday the government decided no windfall tax will be imposed on glove manufacturers to avoid potential “opportunity costs/losses” such […]
Read MoreThe Hanoitimes – With Sabeco, Habeco, Carlsberg Vietnam and Heineken Vietnam holding 90% of Vietnam’s alcohol beverage market, negative business results from these firms could lead to a setback of the overall industry in the coming time. The dual impacts of the Covid-19 pandemic and current government policies, especially Decree No.100 providing heftier fines on driving […]
Read MoreThe Revenue Department has started to send notification letters to online merchants that have income at the threshold of personal income tax liability. The objective is to integrate these people into the tax base, said director-general Ekniti Nitithanprapas. The response from online merchants who have received the notification letters has been mostly positive, said Mr […]
Read MoreAnalysts expect a resurgence in initial public offerings (IPOs) next year, when many companies that delayed listing on the Stock Exchange of Thailand (SET) because of the pandemic are likely to offer shares amid renewed market enthusiasm. Chaiyaporn Nompitakcharoen, deputy managing director of Bualuang Securities, said market sentiment on the Thai bourses has already improved […]
Read MorePUTTING the Singapore-Hong Kong air travel bubble on hold at the eleventh hour has no doubt caused disappointment and frustration. It was, however, a wise move that will inspire trust and confidence in the bilateral quarantine-free travel arrangement between the two Asian hubs. Less than 24 hours before the scheduled, much-anticipated launch of the travel […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas sees steady inflows from foreign direct investments (FDIs) and remittances from overseas Filipino workers as the adverse impact of the global health pandemic on the country’s external accounts reached its peak during the second quarter of the year, according to the Bangko Sentral ng Pilipinas (BSP). In […]
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