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Thailand: Tourism council predicts 1.4m foreign arrivals

Foreign tourist arrivals could tally 3 million this year under the best-case scenario, while the tourism confidence index in the second quarter plunged to its lowest point as 2 million people lost their jobs, according to the Tourism Council of Thailand (TCT). “In addition to faster vaccination for 10 pilot tourism areas, the key factors that […]

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Vietnam: Tax authorities at a loss over collecting dues from online business

Despite progressively stricter regulations by tax collectors, individuals running business via online platforms are always a step ahead finding workarounds. As soon as Decree No.126/2020/ND-CP officially came into force at the beginning of last December, online vendors have quickly found tricks to avoid their tax obligations. Circumventing banks’ obligation to provide bank information of online […]

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Thailand: Cabinet backs debt relief extension

The cabinet on Tuesday approved seven state-owned financial institutions extending debt relief measures for their customers for another six months to help ease the impact of Covid-19, says Finance Minister Arkhom Termpittayapaisith. He said the existing measures are set to expire in June or July. These institutions have provided relief measures to 7.56 million individuals […]

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