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Cambodia: E-commerce VAT from April 1: GDT

The government will start implementing the e-commerce value-added tax (VAT) from April 1, as the General Department of Taxation (GDT) updates a variety of technology systems for taxpayers. Eng Ratana, director of the Large Taxpayer Department at the GDT under the Ministry of Economy and Finance, on January 18 spoke at an online seminar on […]

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Malaysia: Retail industry reshapes with hybrid cloud and AI to meet shifting consumer shopping preferences, study shows

KUALA LUMPUR, Jan 24 — The great reset in the global retail industry is firmly in place. After two years of the Covid-19 pandemic, the industry is fast reshaping itself with hybrid cloud and artificial intelligence (AI) to meet shifting consumer shopping and sustainability preferences. Institute for Business Value (IBV), in association with the National […]

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Indonesia, Singapore to Start Quarantine-Free Travel Bubble for Fully Vaccinated

(Bloomberg) — Indonesia and Singapore are starting a quarantine-free travel between the two countries to spur the economy as Covid-19’s omicron cases become more dominant.  A dedicated travel bubble arrangement between the resort islands of Batam-Bintan in Indonesia and the city state would boost tourism and other economic activities, according to Coordinating Minister for Economic […]

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Vietnam: Gov’t extends payment deadlines for US$5.3 billion worth of land rental fees in 2021

Extending land rental fees and taxes payment deadlines are among key measures from the Government to support businesses and individuals during the pandemic. The Vietnamese Government in 2021 extended the payment deadlines for VND121 trillion (US$5.3 billion) worth of land rental fees for businesses and individual households affected by the pandemic. By late 2021, the […]

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Consumer Price Index Malaysia December 2021

Food Inflation continues to contribute to the rise in national inflation, December 2021 National inflation in December 2021 increased 3.2 per cent to 124.5 as against 120.6 in the same month of the preceding year due to the base effect last year. The increase also surpassed the average inflation in Malaysia for the period 2011 […]

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