Thailand will enforce the e-service tax law from Wednesday, following in the footsteps of more than 60 countries around the globe which collect value-added tax (VAT) from foreign e-service operators reaping income in their territories. These countries, including Australia, New Zealand, Japan, Taiwan and South Korea, comply with guidelines ushered in by the Organisation for […]
Read MoreCambodia’s first 7-Eleven convenience store attracted hundreds of customers on its opening day on Monday, causing queues to form in the remote location despite heavy and prolonged rain at times. The shop is on National Route 6A, Prek Leab village, Prek Leap commune, Chroy Changva district, Phnom Penh, right outside the new borey Peng Huoth […]
Read MoreMANILA, Philippines — Inflation in August likely accelerated and stayed above the government’s two to four percent target on the back of higher food prices, weak peso and more expensive power rates, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said inflation last month could settle within the 4.1 to 4.9 percent […]
Read MoreKUALA LUMPUR, Sept 1 ― The Asean manufacturing sector remained in a downturn for the third straight month in August 2021, with the headline Purchasing Managers’ Index (PMI) easing to 44.5 from 44.6 in July 2021, as rising Covid-19 cases and lockdown measures continued to impact the sector. In a statement today, IHS Markit said […]
Read MoreJAKARTA : Indonesia’s annual inflation rate edged up in August to 1.59per cent, the highest in three months, still holding below the central bank’s target range, data from the country’s statistics bureau showed on Wednesday. A Reuters poll had expected an August rate of 1.60per cent. Indonesia’s inflation rate has been below the central bank’s […]
Read MoreSINGAPORE – Private-sector analysts have raised their forecast for Singapore’s economic growth in 2021 for the third time this year, according to the latest quarterly survey released by the Monetary Authority of Singapore (MAS) on Wednesday (Sept 1). They expect Singapore’s gross domestic product (GDP) to expand 6.6 per cent this year, slightly higher than […]
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