The government has issued a sub-decree on the implementation of value-added tax (VAT) on e-commerce activities in Cambodia. The sub-decree, signed by Prime Minister Hun Sen on April 8, defines special conditions and mechanisms for levying VAT on digital goods and services provided by non-resident taxpayers who do no have a permanent office in Cambodia […]
Read MoreMANILA, Philippines — With new investors still holding back, foreign firms securing funds from their headquarters early in the year provided the single bump on foreign direct investments (FDI) in January. FDI registered a net inflow of $961 million in January, up 41.5% year-on-year, the Bangko Sentral ng Pilipinas (BSP) reported Monday. A net inflow […]
Read MoreGas demand is expected to rise from about 9.7 billion cubic meters (bcm) in 2020 to above 25.3bcm in 2030, while influx of LNG helps to counter the decline in domestic production. Vietnam’s gas consumption is predicted to accelerate strongly over the coming decade, more than doubling, over the duration of the upcoming Power Development […]
Read MoreThe government could revamp immigration rules this year to make it easier for expats and long-term tourists to stay in the country, part of a strategy to boost investment and tourism revenue once the pandemic eases. The proposed changes could mean foreigners would no longer have to file 90-day reports of their whereabouts — a […]
Read MoreMANILA, Philippines — The country’s road to economic recovery is now getting less and less bright amid the sustained surge in COVID-19 cases, even as the government has reimposed strict lockdown measures, a global data analytics firm said. In its weekly economic preview, IHS Markit said it now expects lower gross domestic product (GDP) growth […]
Read MoreMANILA, Philippines — The Philippines is expected to double the volume of pork imports from the global market this year amid a shortfall in supply due to the African swine fever (ASF), as well as the adjustments to the country’s tariff rate system. In the latest report of the United States Department of Agriculture (USDA)-Foreign […]
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Thailand
