Many fees and taxes will be waived for businesses and people affected by the pandemic in the remainder of the year. Taxpayers with revenue in 2021 of less than VND200 billion (US$8.8 million) and lower than the figure recorded in 2019 would be subject to a 30% cut in corporate income tax. The decision was […]
Read MoreCambodia witnessed a trade surplus with Japan in the first eight months of the year, reflecting the fact demand for goods produced in the Kingdom for the Japanese market is increasing. Figures from the Japan External Trade Organization (JETRO) from January to August this year show Cambodia exported about $1.124 billion of goods to Japan, […]
Read MoreThe Bank of Thailand (BoT) has further eased the loan-to-value (LTV) ratio for mortgage lending to allow homebuyers to borrow loans of up to 100%, aiming to help boost the property sector and help the economy recover from the impact of the Covid-19 pandemic. The temporary relaxation is effective as of Oct 20 this year […]
Read MoreIn the midst of a stressful time of the epidemic, the Ministry of Planning and Investment is developing a program to recover the economy after the pandemic. According to Minister Nguyen Chi Dung, Covid-19 has disrupted production and business activities of enterprises around the world and seriously affected the Vietnamese economy. Along with that, the […]
Read MoreMANILA, Philippines — The Philippines remains highly at risk of facing hiccups due to still low vaccination rates even as the economy is slowly reopening, a global think tank said. In a report, Oxford Economics said its latest recovery tracker for Asia-Pacific showed that overall momentum has been hampered over the past few months due […]
Read MoreThailand’s decision on whether to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is becoming clearer, as Foreign Minister Don Pramudwinai is expected to submit a letter of intent soon for the country to apply to join the pact to the cabinet for its approval. According to a source from the International Economic […]
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