cam02
Read More

Cambodia: GDT brings in $20.9M of e-commerce VAT over Q1

The General Department of Taxation (GDT) announced that it collected 84.67 billion riel, or $20.91 million, in value-added tax (VAT) from e-commerce in the first quarter of the year, which is seen as a reflection of the boom in online transactions witnessed since the advent of the Covid-19 crisis. The e-commerce VAT, which has been […]

Read More
th02
Read More

Thailand: Smartphone sales down 20% in first quarter

Thailand’s smartphone sales declined by 20% year-on-year in the first quarter, compared to a global fall of 14.6% in the same period, mainly due to a sharp drop in the low-end smartphone segment, according to analysis from market research firm IDC Thailand. However, Apirat Ratanavichit, a market analyst at IDC Thailand, the local unit of global […]

Read More
logo
Read More

Philippines: Debt hits record-high P13.9 trillion in March

MANILA, Philippines — The country’s outstanding debt increased to P13.86 trillion in March, hitting a fresh new high yet again, with the Marcos administration already adding over P1 trillion since it took office. Latest data from the Bureau of the Treasury showed that the national debt reached P13.86 trillion by end-March, up by 0.8 percent […]

Read More
2062707
Read More

Malaysia: Services producer price index up

KUALA LUMPUR: Malaysia’s services producer price index (SPPI) rose 3.4% year-on-year (y-o-y) to 114.7 points in the first quarter of 2023 (1Q23) from 110.9 points in the same quarter last year as most sub-sectors recorded an increase of prices during the quarter under review. Chief statistician Datuk Seri Mohd Uzir Mahidin said among the sub-sectors, […]

Read More