The government is turning to the power of storytelling to promote the country’s major tourist destinations, which will likely involve help from social media influencers, to revive the sector that has been deeply impacted by the pandemic. President Joko “Jokowi” Widodo, in his annual state address and financial note speech at the House of Representatives […]
Read MoreIndonesia recorded the biggest trade surplus in nine years in July as exports rose for a third consecutive month while demand for imports remained weak amid the pandemic. Exports jumped 14.33 percent month-on-month (mom) in July to US$13.73 billion, continuing the upward trend since May, thanks to rising shipments of agriculture and manufactured goods despite […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) has eased the tax residency rules for foreign employees who are forced to extend their stay in the Philippines due to travel restrictions amid the coronavirus pandemic. BIR Commissioner Caesar Dulay issued BIR Revenue Memorandum Circular 83-2020, dated Aug. 17, addressing the international tax issues related […]
Read MoreBanking and security firms in Thailand are predicted to spend 48.9 billion baht on technology products and services this year, down 1.7% from 2019, says global research and advisory firm Gartner. The drop is in line with the global trend in spending, which is expected to be subdued by the pandemic. In Thailand, the biggest […]
Read MoreSingaporeans will be given $320 million in “tourism credits” to spend domestically as part of a campaign to prop up local businesses, Deputy Prime Minister Heng Swee Keat announced yesterday. The credits will be called SingapoRediscovers vouchers, named for the $45 million campaign launched last month to drive local spending to Singapore’s eateries, shops, hotels […]
Read MoreKUALA LUMPUR: Malaysia’s inflation rate in July fell 1.3% from a year ago due to lower fuel prices and it was in line with a Bloomberg forecast, but from a month ago, inflation was seen picking up. Chief statistician Datuk Seri Mohd Uzir Mahidin (pic) said in a statement yesterday that the Consumer Price Index […]
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