The Ministry of Economy and Finance has issued a prakas introducing new rules and procedures governing value-added tax (VAT) on goods and services provided via e-commerce. The new legislation, dated September 8, primarily targets e-commerce transactions between Cambodian taxpaying consumers and sellers active in Cambodian territory who are non-residents and do not have permanent establishment […]
Read MorePublic Health Minister Anutin Charnvirakul on Thursday insisted that the plan to reopen five provinces including Bangkok on October 1 has been properly assessed and is not premature. Bangkok, Chiang Mai, Chon Buri, Phetchaburi, and Prachuap Khiri Khan are slated to reopen on October 1 with more provinces to follow two weeks later. Anutin acknowledged […]
Read MoreThailand’s national trade strategy for 2022 to 2027 should focus on upgrading existing export products and services in alignment with modern technology. The government needs to improve the business environment by reducing market dominance and regulations to facilitate ease of doing business for small and new operators, according to the latest study by Thammasat University’s […]
Read MoreThe private housing market is expected to maintain its positive momentum for the rest of the year, after developers chalked up fairly healthy sales in August despite limited new launches and heightened restrictions to combat the pandemic. 1,215 new private homes were moved in August, nearly 24 per cent lower than July’s take-up, though analysts […]
Read MoreJAKARTA :Indonesia’s exports hit a record high of US$21.42 billion in August, boosted by surging commodity shipments, helping Southeast Asia’s biggest economy post its largest ever monthly trade surplus, official data showed. Robust exports helped Indonesia pull out of recession in the second quarter, but analysts say its recovery may be slowed by COVID-19 infections […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) has ordered tobacco firms to attach the new internal revenue stamps on their products by Oct. 1 to prove their compliance with excise tax obligations. Under Revenue Regulations (RR) 18-2021, the BIR instructed domestic players to attach the new internal revenue stamps in packs and cartons […]
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