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Searching for Thailand

Airbnb says it has seen a surge in searches for stays in Thailand in recent weeks by international travellers attracted by the reopening to quarantine-free travel for fully vaccinated visitors from 63 countries. International guest searches for stays in Thailand within the next six months have more than doubled from one year ago, based on […]

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Thailand: Baht strengthens a tad as dollar weakens

The baht opened at 33.28 to the US dollar on Thursday, strengthening from Wednesday’s closing rate of 33.31. The Thai currency is likely to move between 33.20 and 33.35 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might strengthen slightly even the dollar weaken because the baht strengthened […]

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Singapore: MAS proposes changes to classification of investment products to better protect retail investors

SINGAPORE – The Monetary Authority of Singapore has proposed changes to the classification of certain investment products, whereby those categorised as complex will come with enhanced safeguards to protect retail investors.  In a consultation paper issued on Wednesday (Nov 3), MAS sought feedback on its latest review of its complex products regime set up in 2012 […]

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Vietnam: Huge tax revenue losses from e-commerce activity

When trading activities in the virtual environment yield huge profits, tax collection becomes a dilemma for many countries. The rapidly evolving digital economy has increased the complexity of tax collection and administration and has led to unfair competition. Collecting taxes from e-commerce activities is considered a global dilemma, because the current tax system is built […]

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