The Regional Comprehensive Economic Partnership (RCEP) is the world’s largest free-trade bloc and eight years of negotiation are set to pay off when the pact is ratified by at least six ASEAN countries and three non-ASEAN countries. This is anticipated to come as soon as the end of this year. Cambodia is one of ten ASEAN […]
Read MoreMore than 1 million taxpayers who have yet to submit personal income tax forms for 2020 face a deadline of June 30 to file or they face a fine, says Revenue Department director-general Ekniti Nitithanprapas. He said 9.6 million people have filed their tax returns as of June 24. June 30 is the last day […]
Read MoreSINGAPORE has fallen one rung to fourth place in this year’s Global Fintech Rankings. And while it still takes the top spot among countries in the Asia-Pacific, the Republic faces stiff competition from countries like Australia, China and Japan, which have moved up the leaderboard this year. The second annual index, produced by fintech analytics […]
Read MoreUK-based lexology.com said Vietnam’s economy is in a favorable position compared to other countries in attracting FDI during the Covid-19 pandemic. Disbursement of foreign direct investment (FDI) to Vietnam rose by 6.8% year-on-year in the first six-month period to US$9.24 billion, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and […]
Read MoreJAKARTA: The Supreme Audit Agency (BPK) has warned the government over a potential decline in its ability to service its increasing debt, after it hiked state spending in 2020 to finance economic stimulus measures as part of the national pandemic response. BPK chairman Agung Firman Sampurna said that interest payments on national debt relative to […]
Read MoreMANILA, Philippines — S&P Global Ratings has lowered anew its 2021 gross domestic product (GDP) growth forecast for the Philippines to six percent as the reimposition of strict lockdowns further restricted economic activity. Last March, the debt watcher slashed the growth forecast from its original peg of 9.6 percent to 7.9 percent the most optimistic […]
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Thailand
