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Philippines: PEZA sets deadline for onsite return to work

MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is urging Information Technology-Business Process Outsourcing (IT-BPO) companies registered with the investments promotion agency to comply with the order of the Fiscal Incentives Review Board (FIRB) to return to onsite work starting April 1 to avoid penalties. In a statement, PEZA director general Charito Plaza appealed […]

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Thailand: Ministry to postpone tax on stock transactions

The Finance Ministry expects to postpone the plan to slap a financial transaction tax on individual stock investors for a certain period because of unfavourable economic conditions, says permanent secretary Krisada Chinavicharana. He said while the ministry stands ready to impose the tax, Thailand is struggling with the double whammy of the prolonged pandemic and […]

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The next six years for the Philippine economy

In six weeks, the nation will elect a new president. The next leader will have the opportunity to guide the nation’s future economic and social directions. We do not know who the next leader will be. Though there is a strong frontrunner based on the surveys, the voters’ pick will be decided on election day, […]

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