GLOBALLY, prices of commodities like oil, food and base metals, as well as raw materials, have rebounded strongly from the low in 2020 on the back of positive news about the Covid-19 vaccine trials and mass vaccination programmes. The World Bank reported that between April 2020 and February 2021, food prices have gone up by […]
Read MoreAmid virus containment struggles The Philippines will make a slower economic recovery this year as it continues to struggle to contain the coronavirus disease and encounter delays in its vaccine program, the research unit of Moody’s said. Steven Cochrane, chief economist for Asia-Pacific at Moody’s Analytics, said in his latest APAC economic outlook titled “Much […]
Read MoreThe General Department of Taxation (GDT) has rejected a request to extend the deadline for the submission of annual tax on income (TOI). However, it will allow the temporary suspension of in-person meetings for tax registration and audits following a new coronavirus outbreak. In a letter signed by Kong Vibol, director-general of the taxation department, […]
Read MoreThe Hanoitimes – Key goals include continued strong economic growth, driven by manufacturing, and supported by a further integration into global supply chains through the pursuit of trade pacts and export market diversification. With Vietnam’s 2021-25 five-year plan indicating a continuation of the current economic development model, the country is set to maintain an average growth […]
Read MoreThe small Covid-19 panel will likely propose a ban on all forms of water splashing, use of powder paste and foam parties during the Songkran festival in April. Khao San Road, one of the popular splashing sites, may also be closed, Culture Minister Itthiphol Kunplome said after the cabinet meeting on Tuesday. The decision to […]
Read MoreCambodia’s exports to Vietnam rose in 2020 despite both nations imposing strict cross-border movement control to fight the pandemic. Data from the Ministry of Commerce showed Cambodia’s exports to Vietnam rising by 14.8 percent in 2020 to $385 million. Cambodian imports from Vietnam decreased by 3.1 percent to $2,633 million. Bilateral trade between the countries […]
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Thailand
