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Philippines: Economy to lose P200M – Lopez

RENEWED restrictions following a surge in Covid-19 cases could cost the Philippine economy around P200 million, according to Trade Secretary Ramon Lopez on Monday. The National Capital Region (NCR) has been placed under Alert Level 3 from January 3 to 15 as Covid-19 cases skyrocketed over the past week amid the holiday season. “If I remember correctly, […]

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As RCEP kicks off, China mulls Cambodia hub for agri and industrial products

Cambodia’s high-quality agricultural products such as rice, bananas, mangoes, fragrant coconuts and cashews shall be exported to Japan, South Korea, Singapore, etc., which will effectively promote enterprises to improve efficiency and sustainable development Bangkok Post – After much deliberation, the Regional Comprehensive Economic Partnership (RCEP) trade pact came into effect from Jan 1, 2022. The pact […]

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Vietnam: Over 1,800 billion VND in taxes collected from activities on Google, Facebook, YouTube

Key tasks of the General Department of Taxation in 2021 include tax management and tax collection from online business activities, and from individuals and businesses with revenue generated from Facebook, Google and YouTube. The tax authorities of Vietnam collected 1,314 billion VND from businesses that signed online advertising contracts with foreign organizations that did not […]

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