The Revenue Department is in talks with digital asset exchanges to enable the latter to collect withholding taxes on cryptocurrency profits, says department spokeswoman Sommai Siriudomset. The move is intended to make trading more convenient. Cryptocurrency buyers currently have a duty to collect the 15% withholding tax from the profit gained by the sellers in […]
Read MoreThe prolonged suspension of the Test & Go scheme could cost the tourism sector at least 7 billion baht in January and shatter tourism confidence in the long run, according to the Tourism Council of Thailand (TCT). Chamnan Srisawat, TCT president, said the unclear future of the Test & Go scheme not only caused a […]
Read MoreMore pork imports are being mulled as another option to curb the problem of rapidly escalating pork prices, the Swine Raisers Association of Thailand (SRAT) says. Niphat Nuanim, vice president of the SRAT, suggested this on Thursday as a temporary measure to ease the impact on consumers. “But in doing so, the government would have to […]
Read MoreMANILA, Philippines — Credit card issuers are urging the National Telecommunications Commission (NTC) as well as telecom providers to institute measures to stem the rise in fraudulent credit card transactions due to SIM card swap. Alex Ilagan, executive director of the Credit Card Association of the Philippines (CCAP), said the number of fraudulent credit card […]
Read MoreOver the past two years, the pandemic has had a strong impact on digital transformation in general and cashless payments in particular. Almost every business operating in the field of e-commerce, digital payment recorded growth in users, partners and revenue. Nguyen Ba Diep, Vice President – and Co-founder of MoMo E-Wallet, told VietNamNet that the […]
Read MoreWith the dawn of January 1, the free trade agreement signed by China and Cambodia has come into effect and will see the granting of zero tariffs to up to 90% of its imports from China and duty-free granted to some 98% of imports from Cambodia. The growth in bilateral trade between Cambodia and China […]
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