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Laos to Register Taxpayer Identity Numbers for Individuals

Authorities have announced that Lao citizens and foreigners with income in Laos must register for a taxpayer identification number. According to a notice issued by the Ministry of Finance on Wednesday, all persons liable to personal income, including Lao citizens and foreigners throughout the country, must register a taxpayer identification number. The compulsory registration of […]

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asian01
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Asian real estate outlook ‘optimistic’ on Covid-19 recovery in 2021: report

OCBC stock watchers have taken a “decidedly optimistic” outlook on Asian real estate investments, citing “undemanding valuations” and recovery from the Covid-19 downturn. The global roll-out of vaccines against the novel coronavirus is expected to gradually lift footfall and tenant sales in shopping malls, while more workers will return to offices. “Meanwhile, logistics and data […]

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th02
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Thailand economy shrinks most since 1997

Thailand’s economy suffered its worst full-year performance in more than two decades, data showed on February 15, with officials citing the toll of a gutted tourism industry and ongoing political upheaval. Last year’s 6.1 per cent contraction was the worst since a 7.6 per cent decline during the Asian financial crisis in 1997 and officials […]

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sin01
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Singapore economy to grow 4% to 6% this year

SINGAPORE: Singapore has maintained its forecast for the economy to grow gradually this year out of its worst recession, and signalled continued support for the unemployed and vulnerable sections of the population. The economy will grow by 4.0% to 6.0% this year, said the Trade and Industry Ministry (MTI) yesterday, sticking to its forecast announced […]

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