MANILA, Philippines — A repeat of the sharp depreciation of the peso in 2018 is possible this year, especially after the May 9 polls due to the tightening cycle of the US Federal Reserve and the country’s widening trade deficit, according to ANZ Research. In a report, ANZ head of research for Asia Khoon Goh […]
Read MoreThe Finance Ministry is considering the Federation of Thai Capital Market Organizations’ (Fetco) proposal to extend the waiver of the transaction tax for stock trades because reimposing it can cause trading costs to increase by 70% for general investors and 170% for foreign investors. The tax has been waived since 1991, but the ministry plans […]
Read MoreAccording to the Ministry of Finance’s Price Management Department, domestic petroleum prices may go up in the next review as a result of price increases in the world market. The latest report of the department shows that prices of goods and services in the domestic market from Jan 31 to Feb 2 were stable, with […]
Read MoreThe General Department of Taxation (GDT) has said it will work with 49 businesses that provide online services in Cambodia to promote the implementation of value-added tax (VAT) on e-commerce transactions, in a move that responds to the recent boom in the online market. The GDT said in a February 8 press release that the […]
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Thailand
