The Bank of Thailand is allowing a two-month debt holiday for individuals and small and medium-sized enterprises (SMEs) suffering a direct impact from the government’s latest lockdown measures to combat the pandemic. The measure, which includes the cooperation of the Thai Bankers’ Association and the Association of International Banks, targets employees and employers in 10 […]
Read MoreThe recent tourism trend has shown that tourist village is Indonesia’s tourism future and the symbol of our economic revival. Jakarta (ANTARA) – Tourist villages are a symbol of Indonesia’s economic revival since their development would have positive impacts on the welfare of local communities, Tourism and Creative Economy Minister Sandiaga Salahuddin Uno stated. “The […]
Read MoreMANILA – The Philippines and Brunei Darussalam signed an agreement in a bid to eliminate double taxation and prevent fiscal evasion on taxes involving income from cross-border transactions, the Finance department said Friday. The Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect To Taxes on Income (double taxation […]
Read MoreKUALA LUMPUR: A survey by the Malaysia Retail Chain Association (MRCA) on the impact of current restrictions has shown that 91 per cent of retail businesses reported a decline in sales for the period of January to June 2021. Its president Shirley Tay said the survey was conducted in June among its 450 association members […]
Read MoreLICENSED F&B outlets, gyms, fitness studios, performing arts organisations and arts education centres will receive extended wage support from July 26 to August 8, in view of tightened safe management measures announced by the multi-ministry task force on Covid-19 on Friday. These affected sectors are eligible for wage support of 10 per cent under the […]
Read MoreThe increasing presence of foreign giants has put great pressure on domestic retailers. Philippe Broianigo, CEO of Central Retail in Vietnam, recently stated that in the next five years, the group will invest about 35 billion baht (US$1.1 billion) to expand business in 55 provinces and cities of Vietnam. This year the Thai retail giant […]
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