The Bank of Thailand has responded to the US decision to keep the country on a currency manipulation watchlist by asserting that it has stepped into the market only to curb volatility in the baht. The central bank is committed to exchange-rate flexibility, with “interventions limited only to curbing excessive volatility and rapid movements of […]
Read MoreMANILA, Philippines — Capturing the digital economy into the country’s tax system will not be a walk in the park as several barriers have yet to be addressed. In a recent study, state-run think tank Philippine Institute for Development Studies (PIDS) said the “complex and multifaceted” nature of the digital economy creates tax issues and […]
Read MoreThai giant calls Vietnam a bright spot for investment amid the global Covid-19 pandemic. Thai coffee chain Cafe Amazon announced its plan to open more stores nationwide in the coming time, especially in Ho Chi Minh City and neighboring provinces which are favorite locations for launching new outlets this year. Cafe Amazon in Vietnam, established […]
Read MoreThe latest Covid-19 outbreak in the country has delayed the recovery of the labor market, forcing workers, especially women, to seek jobs in informal sectors. The labor market continues to be severely affected by the third resurgence of the Covid-19 pandemic, with the number of unemployed people in the first quarter rising to nearly 1.1 […]
Read MoreIT’S income tax season again. For individuals who derive rental income from real property, it can certainly be a time of confusion and needless stress. We’ve all heard the horror stories of individuals who fail or forget to file their taxes, only to be slapped with back-taxes so high that their only recourse is to […]
Read MoreTwo Indonesian tech companies –ride-hailing business Gojek and e-commerce firm Tokopedia – are reportedly putting the finishing touches on an $18 billion merger which could shake up the e-commerce industry in Southeast Asia. The joint firm will reportedly be called “GoTo”, pronounced “go to”. Gojek is ride-hailing service Grab’s main rival in Indonesia and also […]
Read More
Thailand
