cam02
Read More

Rules for implementing Value-Added Tax on foreign E-commerce activities in Cambodia

Cambodia’s Prakas 542 provides the rules for implementing a value-added tax on non-resident foreign e-commerce suppliers. Prakas 542 also clarifies that the non-resident entity must register for VAT purposes in Cambodia and file for VAT returns if their turnover from the e-commerce activities reaches a certain threshold. Notified in September 2021, Prakas 542 provides the […]

Read More
phil03
Read More

Commodities drive Indonesia economic recovery in 2021

JAKARTA, Indonesia — Indonesia’s economy returned to growth last year as surging commodity prices helped drive a recovery from a coronavirus-triggered recession, data showed Monday, though officials warned the outlook depended on how well the fast-spreading Omicron variant is managed. Southeast Asia’s biggest economy expanded 3.69 percent on-year, the country’s statistics agency said, having contracted […]

Read More