MANILA, Philippines — The Bureau of Internal Revenue (BIR) plans to impose a one percent withholding tax on online platform providers that individuals use to sell goods and services amid the continued surge of digital transactions. In a draft briefer and revenue regulation posted on its website yesterday, the BIR is proposing to impose a […]
Read MorePrime Minister Hun Sen lauded the significant growth in revenue from tax and customs that reflected the increase in business activities due to the effective handling of the Covid-19 scenario. Speaking at an inauguration ceremony of a maternity ward building at the National Pediatric Hospital in Phnom Penh yesterday, the Prime Minister said that the […]
Read MoreMANILA, Philippines — The first meeting of the Marcos administration’s advisory body on inflation floated familiar proposals to combat brutally-high inflation, but analyst thinks the state could do more to curb price growth. The array of measures, targeted towards the short- and medium-term, included resorting to importation to curb supply gaps, bolstering hog repopulation programs, […]
Read MoreHotel operators are calling for a reduction of the fuel tariff and peak hour rate to help keep operating costs down amid sluggish tourism spending. Though the government is set to introduce a single electricity rate of 4.77 baht per kilowatt-hour (unit) from May, which is a cheaper rate for businesses, hotels cannot immediately pass on the […]
Read MoreThe State Bank of Việt Nam (SBV) has worked with credit institutions to get their opinions on the draft circular on restructuring the debt repayment term and keeping the debt groups unchanged to support borrowers who have difficulties in production and business activities. HÀ NỘI — The State Bank of Việt Nam (SBV) has worked with credit institutions […]
Read MoreFoodpanda, the online food and grocery delivery platform, has partnered with Tada, a block chain-powered ride-hailing platform, to offer users new benefits – starting with customers in Singapore and Cambodia. The tie-up will allow users of both platforms to access savings, discounted fares, and subscriptions to loyalty programs. As of today, 30,000 Tada users in Singapore can opt […]
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Thailand
