MANILA, Philippines — The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) yesterday said sales rebounded in March with an 88 percent growth from the same month a year ago. Compared to the previous month, however, vehicle sales declined by 21 percent. A joint report released yesterday showed combined sales of the CAMPI and […]
Read MoreState-owned Government Savings Bank (GSB) is poised to ramp up its full-fledged mobile banking development plans to accommodate its ambitious role as a social banking provider. President and chief executive Vitai Ratanakorn said the ultimate goal as a social bank is to narrow social disparity and reduce poverty in the country through lending and other […]
Read MoreThe 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 […]
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Thailand
