The General Department of Taxation is preparing procedures for issuing annual property tax invoices for taxpayers, like water and electricity bills and sending them to taxpayers at individual homes, in order to increase the efficiency of property tax collection. The remark was made by Kong Vibol, GDT director-general during a ceremony on tax official appointment […]
Read MoreAuthorities in Vientiane Capital are struggling to control unlicensed currency exchange businesses amid a widening gap between official and market exchange rates. Rising inflation and a continually depreciating local currency have seen many turn to illegal or online currency exchange operators to take advantage of favorable, unofficial rates. Authorities already ordered currency exchange businesses to transition into […]
Read MoreMANILA, Philippines — Consumers can expect higher fuel prices this week following reports of a drone attack on a refinery based in the oil-rich Saudi Arabia as well as several developments affecting the global oil market, where the Philippines mainly gets its supply. Starting Tuesday, pump prices will experience another round of hikes. In an advisory, local […]
Read MoreS&P Global Ratings on Wednesday revised up its outlook for Indonesia’s credit ratings to “stable” due to its economic recovery from the pandemic and better terms of trade, after putting the country on a “negative” outlook since April 2020. Indonesia, the world’s biggest exporter of thermal coal and palm oil as well as a major […]
Read MoreThe Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja. He said the FPO expects economic growth to be in a range of 3-4%, compared with a previous […]
Read MoreMALAYSIA will ease more Covid-19 curbs from the start of next month, including lifting restrictions on those who are not vaccinated against the coronavirus and scrapping the need to wear masks outdoors, its health minister said. The South-east Asian nation has seen some of the worst Covid-19 outbreaks in the region, but infection surges have since […]
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Thailand
