MANILA, Philippines — The Department of Finance (DOF) has asked local governments to adjust their real estate taxation as they are losing billions in resources because of outdated valuation of properties. Finance Secretary Carlos Dominguez said legislating real property valuation reform would allow local governments to collect the right taxes by updating the schedule of […]
Read MoreSuvarnabhumi airport has added more hotel counters for inbound passengers after reports of chaos in the passenger arrival area. Airport general manager Kittipong Kittikachorn said nine more counters for hotels had been added on the second floor, reserved for incoming air travellers, taking the total to 17. The move followed complaints by airport users on […]
Read MoreThe Bank of Thailand (BoT) will focus monetary policy efforts on shoring up sluggish growth in Southeast Asia’a second-largest economy, its chief said on Monday, even as surging global price pressures force its peers to raise interest rates. The central bank is among a shrinking number globally that continue to see inflationary pressures as transitory, […]
Read MoreJAKARTA, April 10 (Jakarta Post/ANN): President Joko “Jokowi” Widodo’s approval ratings have taken a modest hit amid rising inflation, with analysts undecided as to how far his popularity might further wane. Indonesians have been feeling the pinch of the rising global commodity prices and an energy crisis that have been exacerbated by Russia’s invasion of […]
Read MoreThe abrupt arrival of Covid-19 disrupted supply chains massively, creating bottlenecks that stymied the seamless flow of goods and raw materials that powers the global economy. As the effects of disruptions including the pandemic continue to reverberate, businesses in Asia Pacific, Southeast Asia included, have pivoted their supply chain strategies to address the ongoing disruptions. The current crisis in […]
Read MoreThe Covid outbreak has been a catalyst for disrupting the tourism and digital landscapes, hastened when social media giant Meta (formerly Facebook) announced a rebranding towards the metaverse last year. The metaverse frenzy created a great amount of global hype, but it is still too early to predict how this trend will play out once […]
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