The Finance Ministry might slap a tax on share sales by individual investors in the Stock Exchange of Thailand (SET) next year to generate additional revenue, says Finance Minister Arkhom Termpittayapaisith. The financial transaction tax has been on the books for around 30 years, but has always been waived. Mr Arkhom said the ministry needs […]
Read MoreJAKARTA, Dec 17 — The World Bank projected Indonesia’s economy to recover at a moderate pace of 3.7 per cent in 2021 due to the Covid-19 Delta variant wave mid-year. In a statement today, it said the growth would speed up to 5.2 per cent in 2022 if the country avoided another severe Covid-19 spike, […]
Read MoreBusinesses continue to pin their hopes on the swift recovery of Vietnam’s economy, with foreign ones in particular cautiously optimistic about their prospects in the country moving into next year. Adam Koulaksezian, executive director of the French Chamber of Commerce and Industry in Vietnam, told VIR, “In Ho Chi Minh City and neighbouring provinces like […]
Read MoreMANILA, Philippines — More Filipinos became poor in the first half of the year, as the pandemic wiped out gains of the Duterte administration in lifting people out of poverty. A survey of 174,007 families nationwide showed there were 26.14 million Filipinos living below the poverty line in the first six months of the year, […]
Read MoreMedical services, beauty and e-commerce are expected to maintain their bright growth outlook in 2022, driven by the persistent pandemic and changing consumer behaviour based on a digital economy. Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), said the virus crisis has driven consumers in Thailand to be concerned more […]
Read MoreGarment and manufacturing exports have risen by 13.5 per cent over the same time in 2020 – following a 20 per cent contraction from 2019 – buoyed by favourable arrangements with trading partners and a shift of orders from Myanmar and Vietnam to Cambodia, according to Prime Minister Hun Sen on December 16. The prime […]
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Thailand
