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Thailand: Pandemic takes toll on tax collection

The three state tax collection departments have failed to meet their original revenue targets for fiscal 2021 as a result of the severe impact of the prolonged pandemic. Revenue Department director-general Ekniti Nitithanprapas said the department collected 1.87 trillion baht in fiscal 2021, which ended on Sept 30. Though the amount exceeds the adjusted target […]

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Vietnam: Positive signs for year-end car shopping

Car sales in Vietnam increased by 52 percent last month after five consecutive months of decline, showing positive signs for the car market at the end of the year. The Vietnam Automobile Manufacturers’ Association (VAMA) announced that vehicle sales of its members reached 13,537 last month, up 52 percent compared to the previous month. The […]

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Malaysia: Ringgit opens higher on buying sentiment

KUALA LUMPUR, Oct 14 — The ringgit opened higher against the US dollar today on improved buying momentum for the domestic unit. At 9.08am, the local note advanced to 4.1500/1530 versus the greenback from Wednesday’s close of 4.1590/1610. ActivTrades trader Dyogenes Rodrigues Diniz said more than 75 per cent of the Malaysian population has received at least one shot of Covid-19 vaccine and the number of new infection cases […]

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