THE relaxation of measures for events, particularly commercial ones, will see a boost to local demand, even as some industry operators await more clarity on whether travel processes will be adjusted to allow for more foreign attendees. The uplift for event venues in Singapore may be uneven, however, with larger venues that are able to […]
Read MoreIncreasingly over the last decade, the National Bank of Cambodia (NBC) has been moving to expand the use of the local currency both within the Kingdom and in cross-border trade in its bid to strengthen the riel and the eventual phasing out of the US dollar. NBC Director-General Chea Serey says the motivation behind the […]
Read MorePETALING JAYA: Malaysia’s Consumer Price Index (CPI) for February rose 0.1% from a year ago due to increases in goods and services as well as food and non-alcoholic beverages. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said yesterday that the CPI rose to 122.5 from 122.4. On a monthly basis, the CPI increased 0.3% […]
Read MoreAll foreign enterprises, who operate and earn revenue in Vietnam, must comply with tax obligations in the country, local taxation authority said. The Vietnamese taxation authority met with the American Chamber of Commerce in Vietnam (AmCham) on March 23 for clarifying regulations related to the draft circular on Law on Tax Administration to ensure efficient […]
Read MoreMANILA, Philippines — Inflation in Asia Pacific, including the Philippines, will begin to taper off by the second half of the year as supply side disruptions are slowly addressed. In its latest research brief, London-based Oxford Economics said inflationary pressures would turn modest beyond the second quarter amid government efforts to manage prices and an […]
Read MoreE-commerce giants Lazada and Shopee are locked in a fierce battle to stimulate online shopping demand and attract new buyers embarking on the platforms amid an economic stalemate while the season of festive sales is just around the corner. Thailand’s e-commerce surged 81% year-on-year to 294 billion baht in 2020, according to a report commissioned […]
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Thailand
