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Vietnam: The fashion industry moves online

As consumption habits have changed during the Covid-19 pandemic, the fashion industry is gradually expanding into online business. Mr. Nguyen (Tan Binh district, HCM City) was waiting in front of the cashier’s desk at an Uniqlo store in HCM City when an employee approached, invited him to install the application and register for a membership. […]

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Thailand: Tax cuts won’t dent revenue

The country is likely to meet its revenue collection target despite the excise tax on diesel being halved for three months, said Finance Minister Arkhom Termpittayapaisith on Friday. The cut from six to three baht per litre is to help ease the impact of high energy prices on the cost of transport and consumer goods, […]

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Philippines: Rules on outsourcing tightened

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has tightened the rules on management contracts, outsourcing, and information technology (IT) risk management. BSP Governor Benjamin Diokno said the Monetary Board issued Resolution 190 on Feb. 10 approving the amendments to regulations on outsourcing and IT risk management. Under the new rules contained in Circular […]

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