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Philippines: BIR expands digital taxpayers base by 5%

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has expanded the coverage of its digital platforms to 4.63 million business taxpayers last year, up by more than five percent from 4.41 million in 2021. The BIR yesterday said its digitalization transformation (DX) program now captures all of the new players in its taxpayer registry. […]

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Thailand: BOT adjusts down GDP estimation

The Bank of Thailand’s (BOT) Monetary Policy Committee adjusted down its estimation of gross domestic product (GDP), stipulating that in 2022 the economy would expand by 3.2 per cent instead of its previous 3.4 per cent estimation. It also adjusted down its GDP expansion forecast for 2023 from 4.7 to 4.2 per cent. BOT director […]

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Thailand: Ministry pushing soft power

The Commerce Ministry vows to continue supporting and promoting soft power development, especially through food, fruit, digital content, health and beauty as well products with a Thai identity or Thainess. Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department (DITP), reported on Tuesday the department under the Commerce Ministry has successfully promoted 1,878 entrepreneurs during […]

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