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Indonesian businesses join jab drive

More than 9,000 private companies in Indonesia are gearing up to inoculate their employees and their family members in a bid to revive productivity that has been severely curtailed by the Covid-19 pandemic. The move follows government approval to allow them to purchase vaccines from a state-sanctioned importer as long as they provide the jabs […]

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Vietnam hopes to tax overseas sellers on e-commerce platforms

The Vietnamese tax watchdog hopes to tax sellers based in foreign countries but operating e-commerce businesses in Vietnam. The Ministry of Finance recently said that the Law on Tax Management No 38/2019/QH14 regulated that e-commerce businesses and digital-based businesses and other services provided by overseas suppliers without an entity in Vietnam must directly or authorise others to […]

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Malaysia: Private consumption rising

PETALING JAYA: The increase in private consumption, on top of it benefiting from the low base last year, will be more evident from the second quarter of the year. MIDF Research attributed this to the National Covid-19 Immunisation Programme which has kicked off and the vaccination rollout will be carried out in phases throughout the […]

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Philippines economic outlook worsens

MANILA, Philippines — A surge in COVID-19 cases, which has prompted the government to impose localized lockdowns anew to contain the spread of the virus, paints a dark picture of the future of the Philippine economy, according to a London-based think tank. In its weekly brief, Capital Economics has downgraded its gross domestic product outlook […]

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