KUALA LUMPUR: Malaysia’s government will pay more attention to economic sectors most affected by the pandemic such as tourism and retail, and will wait for the recovery to gain traction before considering any new taxes, the country’s finance minister said yesterday. The Finance Ministry is studying the possibility of a consumption tax, but “we have […]
Read MoreMANILA, Philippines — The Philippines is ramping up efforts to attract more foreign investors to take advantage of the impending recovery from the pandemic-induced recession, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. Diokno told participants of the virtual 2nd Philippines-Singapore Business and Investment Summit on Friday the impact of COVID-19 pandemic on […]
Read MoreThe Cambodian think tank Asian Vision Institute (AVI), Woomentum and the Harpswell Foundation have launched a “Women Digital Entrepreneurship Programme (WDE)”. It is a joint venture to empower women’s digital entrepreneurship, business and social skills via policy dialogue, training, research and publication. The programme will kick-start with policy dialogue among female entrepreneurs and policy and […]
Read MoreMANILA, Philippines — The recovery of the Philippine economy may further stall amid the recent spike in COVID-19 infections, according to Moody’s Analytics and BDO Unibank Inc. Katrina Ell, economist at Moody’s Analytics, said the Philippine economy is in a worrisome condition and is likely to further stall at least through the first half of […]
Read MoreThe Ministry of Commerce’s Go4eCam e-commerce marketplace is expected to go online in July, according to Long Kemvichet, the ministry’s spokesman. Kemvichet made the remarks at an Aid-for-Trade Stocktaking Event 2021 webinar on Wednesday afternoon. Aid for Trade is an initiative by the World Trade Organization to help accelerate and promote trade in developing countries. […]
Read MoreBangkok Bank (BBL) has become the first local bank to offer cross-border QR payments between Thailand and Vietnam. The service will help support economic recovery as Thailand opens up after the pandemic, the bank says. The project to promote cross-border payments via QR code technology is the fruit of a collaboration between the Bank of […]
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