The government has decided to postpone the implementation of the capital gains tax until 2024 in a bid to restore and prop up post-pandemic economic growth, according to a notice from the Ministry of Economy and Finance’s General Department of Taxation (GDT). The decision came after the ministry submitted a postponement request to Prime Minister […]
Read MoreMANILA, Philippines — The rise in energy costs due to higher global oil prices amid the Ukraine-Russia war will drag down the Philippines’ gross domestic product (GDP) by as much as one percentage point, ANZ Research said. Sanjay Mathur, chief economist for Southeast Asia and India at ANZ Research, said in a note that surging […]
Read MoreThe president of the Federation of Thai Industries (FTI) on Thursday called on the government to scrap the Test & Go scheme that restricts tourism and subsidise fuel prices to shore up the Thai Industries Sentiment Index. FTI president Suphan Mongkolsuthee said the Omicron variant that led to restrictions to tourism and other business activities […]
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Thailand
