THE year 2020 was an annus horribilis by any definition, and while there is now light at the end of the Covid tunnel with the arrival of vaccines on many shores worldwide, the world still has to grapple with its aftermath. At the time of writing, slightly over a year has passed since I took […]
Read MoreMANILA, Philippines — The share of tax collections to economic output fell last year as the pandemic-induced recession slowed down the revenue-generating capacity of collection agencies, according to the Department of Finance (DOF). In an economic bulletin issued over the weekend, Finance Undersecretary and chief economist Gil Beltran said tax effort in 2020 fell to […]
Read MoreThe Thai Bankers’ Association (TBA) has asked for an easing of the government’s amendment of the soft loan decree, which was aimed at facilitating better access to funding for small and medium-sized enterprises (SMEs). The TBA submitted its proposal regarding the soft loan decree amendment and the asset warehousing model to the Bank of Thailand, […]
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Thailand
