Vietnamese ICT enterprises have benefited greatly from the fast digitalisation trend, with their revenues rising despite the COVID-19 pandemic. Google’s e-Conomy SEA 2020 report said COVID-19 has led to an acceleration of digital consumption as users tried new digital services for the first time. According to the report, among users of digital services in Vietnam, new users accounted for […]
Read MoreCambodia has better internet infrastructure than India but its online security is the lowest in the world, according to a survey by cybersecurity company Surfshark. It ranked the Kingdom 108 out of 110 countries on its Digital Quality of Life (DQL) Index 2021. The study ranks countries’ DQL based on five criteria. Cambodia was 100 […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) supports a proposal to impose a 12 percent value-added tax (VAT) on all digital transactions. During the European-Philippine Business Summit, BSP Governor Benjamin Diokno said the desire to tax digital transactions is universal for both developed and emerging economies like the Philippines. “So I think there […]
Read MoreThe Excise Department is conducting a study on a plan to levy a carbon emission tax on the industrial sector, aiming to promote environmental protection in Thailand, says director-general Lavaron Sangsnit. He said such a tax is in line with the trend of declining excise tax revenue from fossil fuels as more people switch to […]
Read MoreThousands of migrant laborers have returned to their hometowns to avoid the pandemic, leaving behind city dreams. The consequence is that enterprises lack workers to restore production in the “new normal”. When tens of thousands of people began leaving HCM City – Vietnam’s largest pandemic hotspot – on motorbikes on the night of October 1, […]
Read MoreJAKARTA – US venture capital firm Ribbit Capital, a fintech solution partner of the world’s largest retailer Walmart, has bought a minority stake in a Jakarta-based digital bank that also counts Singapore sovereign wealth fund GIC as an investor. Bank Jago, Indonesia’s first full digital bank, which aims to tap not only urban customers but also the low-income […]
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