VIENTIANE (XINHUA) – The gross domestic product (GDP) of Laos grew 4.3 per cent year-on-year in the first six months of this year, Lao News Agency yesterday quoted a government minister as saying. Economic output in the first half of this year reached LAK95.2 trillion (about USD6 billion), equivalent to 49.6 of a pre-set annual […]
Read MoreIn order to keep pace with the rapid advancement of technology and growing number of users of technology-based services in Indonesia, particularly in e-commerce industries, a stronger legislative framework is needed to protect personal data and ensure the public’s right to personal data protection. To date, the Indonesian government has yet to issue a law […]
Read MoreCambodia collected $1,726 million in tax income in the January-May period this year, a 27.95% increase as compared to the same period last year, according to an official statement yesterday. In the statement, General Department of Taxation director-general Kong Vibol attributed the increase in tax income collection to the constant reforms in the tax sector. […]
Read MoreMANILA, Philippines — As cigarette prices go up every year due to mounting taxes, smugglers are having a field day in far-flung areas particularly in Mindanao, where as many as three in every five packs are cheap, but illicit. “I think it should be noted that in Mindanao, illicit trade can reach up to 60 […]
Read MoreSINGAPORE has climbed back up to become the world’s 3rd most competitive economy, after having slipped to 5th place in 2021 following 2 straight years at the top. In the 2022 Institute for Management Development (IMD) World Competitiveness Ranking, Denmark claimed the top spot for the first time, pushing Switzerland down to 2nd place. Singapore, […]
Read MoreE-marketplace Shopee is pursuing layoffs across markets in Asean, including Thailand, according to industry sources, as the company is believed to have become more cautious about spending and more focused on attaining profitability rather than burning cash. The sources, who requested anonymity, echoed an earlier report by dealstreetasia.com which indicated that the layoffs have affected […]
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Thailand
