MANILA, Philippines — The Bureau of Internal Revenue will not extend the deadline for taxpayers to file their income tax returns and pay taxes, maintaining that they need to beat the April 18 cutoff. The taxman announced this in a Facebook post on Monday, but allowed a small concession: taxpayers could submit their tentative Annual Income Tax […]
Read MoreMANILA, Philippines — The Philippines is seen suffering the largest blow on inflation among economies in Asia Pacific, brought about by price pressures caused by Russia’s invasion of Ukraine, according to the second quarter outlook of Manulife Investment Management. Manulife said the Philippines scored the lowest among all countries in Asia Pacific for its vulnerability […]
Read MoreFashion products top the most popular online shopping items in Thailand, while many industries are gravitating towards digital channels to boost sales, particularly grocery and electric appliances, according to a recent survey by market research firm Nielsen. In a related survey, e-commerce giant Lazada has indicated female shoppers are the biggest bargain hunters online. According […]
Read MoreAccording to market analysts Inkwood Research, the Asia Pacific alcoholic spirits market is anticipated to grow considerably at a compound annual growth rate of 4.16 percent between 2020 and 2028, and is projected to bring in more than 2.7 billion in revenue by year end. Across developing Asia, increasingly affluent millennials are opting to spend […]
Read MoreThailand is scheduled to study free trade agreements (FTAs) with countries in the Middle East, Africa and Latin America by the second half of this year, a move to expand new export markets. According to Trade Negotiations Department director-general Auramon Supthaweethum, the department expects the studies will take 6-12 months. During the studies, she said […]
Read MoreKUALA LUMPUR: Malaysia’s total trade for February 2022 amounted to RM184.8 billion, or an increase of 17.5 per cent year-on-year (y-o-y), with exports of RM102.3 billion (an increase of 16.8 per cent) and imports worth RM82.5 billion (an increase of 18.4 per cent), said the Department of Statistics Malaysia (DOSM). “Higher imports were mainly from […]
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