STIFF competition is set to persist in the Indonesian telecom market, but mobile operators will likely adopt “tactical pricing strategies”, one analyst said. That’s as telcos also have to make pricey network investments over the next two years, to keep up with swelling demand for data services. Data demand could jump on both the rise […]
Read MoreSINGAPORE – Workers and employers in the retail sector have welcomed the progressive wages being studied by the Government. But some retailers may find it harder to implement a progressive wage model (PWM) than others. “We reckon the PWM when implemented may impact heartland shops more as they may not be able to compete,” said Singapore Retailers […]
Read MoreBusinesses may have several additional months before they have to pay income tax and land use fees, said a proposal by the Ministry of Finance (MoF) to the Government. The ministry purposed a five-months extension for business VAT tax, a three-month extension for income tax (for certain businesses only) and land use fees, which may […]
Read MoreAlthough hiring activities dipped 37% during 2020, 33% of companies in Thailand now say they will increase their workforce in 2021 while 32% plan to maintain their current staffing levels, according to a survey by recruitment firm Michael Page Thailand. According to the report, 67% of employed technology professionals in Thailand anticipate looking for new […]
Read MoreAll taxpayers in the self-assessment tax bracket have been instructed to submit their annual income tax via electronic filing (ToI E-Filing) from next month on, according to an announcement by the General Department of Taxation (GDT). The instruction for ToI E-Filing letter number 3140, was signed by Kong Vibol, minister attached to prime minister, who […]
Read MoreVietnam’s economy with high level of openness could be susceptible to rising inflation as a result of growing global commodity prices. Rising global commodity prices could lead to the return of inflation in Vietnam with an estimated rate of 3.5% year-on-year in 2021, 0.3 percentage points higher than the 3.2% inflation rate last year, but […]
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Thailand
