The Hanoitimes – The fact that nearly 19,800 enterprises temporarily suspended operation in the first two months of 2021, up 60.5% year-on-year, has also contributed to a decline in tax revenue. Vietnam’s tax revenue in the first two months of 2021 is estimated at VND246.4 trillion (US$10.7 billion), representing a decline of 1.4% year-on-year. Upon breaking […]
Read MoreThailand may lose its reputation as a regional aviation hub if the government cannot speed up reopening the country to tourism and strengthen the competitiveness of airlines, according to Thai AirAsia (TAA). “After facing the pandemic for a year, the key factors that can strengthen Thai tourism are reopening borders and financial aid such as […]
Read MoreKUALA LUMPUR: Bank Negara’s decision to maintain the overnight policy rate (OPR) at 1.75% at its second Monetary Policy Committee (MPC) meeting yesterday suggests that the central bank is confident of economic recovery this year on the back of improving global demand and consumer spending. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul […]
Read MoreMANILA, Philippines — After a four-day upswing, stocks succumbed to selling pressure as investors anticipate February inflation to breach the upper end of the government’s target. The benchmark Philippine Stock Exchange index (PSEi) closed at 6,882.49, down 60.27 points or 0.86 percent. Likewise, the broader All Shares index slipped 23.54 points or 0.56 percent to […]
Read MoreThe tourism minister said on Thursday he will propose a plan for foreigners to undertake COVID-19 quarantine in popular tourist areas, including beach resorts, in a bid to help revive the country’s struggling tourism sector. The economy suffered its biggest contraction in over two decades last year as tourism slumped due to the coronavirus pandemic. […]
Read MoreKUALA LUMPUR: Bank Negara has maintained the overnight policy rate (OPR) at 1.75% at its monetary policy committee (MPC) meeting yesterday, as latest indicators point to improvements in external demand and continued consumer spending. In a statement, the central bank said while the re-imposition of containment measures would affect growth in the first quarter of […]
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