MANILA, Philippines — The share of tax collections to economic output fell last year as the pandemic-induced recession slowed down the revenue-generating capacity of collection agencies, according to the Department of Finance (DOF). In an economic bulletin issued over the weekend, Finance Undersecretary and chief economist Gil Beltran said tax effort in 2020 fell to […]
Read MoreThe Thai Bankers’ Association (TBA) has asked for an easing of the government’s amendment of the soft loan decree, which was aimed at facilitating better access to funding for small and medium-sized enterprises (SMEs). The TBA submitted its proposal regarding the soft loan decree amendment and the asset warehousing model to the Bank of Thailand, […]
Read MoreConsumer sentiment picked up for the first time in three months in February, boosted by the government’s economic stimulus measures and the promise of mass distribution of Covid-19 vaccines. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index rose to 49.4 in February from 47.8 in January, following readings […]
Read MoreSINGAPORE – Container ships arriving to berth at Singapore’s port are facing longer waiting times in a situation seen in other key ports due to the sudden surge in cargo volume fuelled by the Covid-19 pandemic, The Business Times reported. Ms Ng Baoying, the global managing editor for container shipping at S&P Global Platts, told BT […]
Read MoreViettel Post is helping Hai Duong farmers sell produce on e-commerce sites and will expand that aid to other localities in the country. The campaign for using digital technology to boost farm produce sales was launched by Viettel Post on March 2, 2021 in Hai Duong. Viettel Post chose to apply technological solutions to help […]
Read MoreKUALA LUMPUR (BERNAMA) – The Malaysian government will introduce a new national investment policy to attract more high-quality investors as the country moves towards a high-income nation, Senior Minister cum International Trade and Industry Minister Mohamed Azmin Ali said. He said a working paper on the proposed policy has been approved and endorsed by the […]
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