A delay in issuing official legal regulations on managing cryptocurrencies will cause a rise in the risks of fraud and theft related to virtual assets, experts have warned. Recently, investment in cryptocurrencies such as Bitcoin, Pi Network, Ripple, Bitcoin Cash and Litecoin has increased in Vietnam. It is estimated 1 million Vietnamese are already trading cryptocurrencies […]
Read MoreKUALA LUMPUR: Malaysia’s diverse export destinations and products should help to mitigate the impact of a prolonged national lockdown through the end of June, according to Moody’s Investors Service. Malaysia imposed a nationwide lockdown since June 1 after daily Covid-19 cases hit 8, 000. From an initial two weeks, it was extended for another two […]
Read MoreInternational arrivals for Thailand are estimated to remain flat this year, assuming the country can reopen in October, while recovery to 2019 levels might not happen until 2023 under the best-case scenario, according to the Pacific Asia Travel Association (Pata). Liz Ortiguera, Pata’s newly-appointed chief executive, said international arrivals are most likely expected to stay […]
Read MoreWhile waste-to-energy boilers at garment factories can save operators on upfront costs and reduce physical waste at landfills, their inefficient operation can have disastrous effects on the environment and human health, experts say. A recent webinar hosted by the United Nations Development Programme (UNDP) and Switch Garment weighed the pros and cons of increasing reliance […]
Read MoreThe circular on value-added tax, personal income tax, and tax administration for business households and individuals are expected to collect tax from some people who obtain income on electronic commerce platforms but for years have not paid taxes. The tax authorities have asked e-commerce and delivery companies to take responsibility for the tax registrations, declarations, […]
Read MoreThe Bank of Thailand (BoT) has slashed the country’s economic growth forecast again for this year to 1.8% from an earlier projection of 3%, due to lower foreign tourist arrival estimates and lower domestic demand due to the third wave of Covid-19. Under the downside risk outlook, the central bank has revised its forecast of […]
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