As trading activities on e-commerce platforms bring huge profits, collecting tax has become a burning issue for many countries. Collecting tax from e-commerce is a difficult problem all over the globe, because the current taxation system was built for the traditional economy, while the digital economy is based on online transactions. The global e-commerce market […]
Read MoreHeadline inflation eased to a two-month low of 4.8 percent in September from 4.9 percent in August, the Philippine Statistics Authority said. In a briefing on Tuesday, National Statistician Dennis Mapa said this is higher than the 2.3-percent inflation rate in September last year. This brings the country’s average inflation from January to September this year to 4.5 percent, […]
Read MoreHANOI: Vietnam is planning from December to reopen key tourist destinations to vaccinated visitors from countries deemed a low Covid-19 risk, the government said on Wednesday, ahead of a full resumption targeted for June next year. Vietnam imposed tight border controls at the start of the pandemic in an effort to keep out Covid-19, with […]
Read MoreThe baht opened at 33.83 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.76. The Thai currency is likely to move between 33.75 and 33.90 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might weaken further while the dollar strengthens if the results of […]
Read MoreTourism operators have raised concerns about the 500 baht fee to be collected from foreign tourists next year, worried that the timeline of this policy may not be appropriate for an industry in dire need of recovery. Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said the concept of setting up a transformation […]
Read MoreEconomist at UOB Group Enrico Tanuwidjaja and Yari Mayaseti assess the latest inflation figures in Indonesia. Key Takeaways “Indonesia’s annual inflation rate stood at 1.60% y/y in September vis-à-vis 1.59% a month earlier, but slightly below market expectations at 1.69% (Reuters). This was the highest inflation rate since May, amidst loosening restrictions in some regions […]
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