Rising household debt may slow the country’s economic recovery, as people use their income to repay debt rather than spend on consumption, warns the government’s planning unit. Jinanggoon Rojananan, deputy secretary-general to the National Economic and Social Development Council (NESDC), said the latest wave of Covid-19 infections have triggered not only a surge in household […]
Read MoreTHE government expects to raise the maximum group size for dining in at food and beverage (F&B) outlets to five people from July 12, said Finance Minister Lawrence Wong in Parliament on Monday. This comes about two weeks after the government eased restrictions to allow dining-in at eateries in groups of two people and group […]
Read MoreThe new rubbish collectors who began their rounds last week have been urged to provide service efficiently in a timely manner, as garbage remains uncollected in some areas in Phnom Penh. People in the areas said that trash collections have not been made for the last few days, resulting in unseemly piles of rubbish along […]
Read MoreThe next job on the checklist for PTT Oil and Retail Business Plc (OR), which operates the Cafe Amazon franchise, may stun its rivals embarking on non-oil ventures. OR is moving ahead with a “Beyond Fuel” concept, making its food and beverage business as well as electric vehicle (EV) charging outlet development the priority to […]
Read MoreE-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms. The deadline delay was part of a roadmap recently issued by the General Department of Taxation to implement Circular No […]
Read MoreMANILA, Philippines — IKEA Philippines, the Swedish furniture and homewares chain, will open in the fourth quarter of the year. It is now in full preparation for the opening of the first IKEA store in the country. In a recent press conference, IKEA Philippines store manager Georg Platzer said the opening would be made via […]
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Thailand
