MANILA, Philippines — The proportion of unemployed Filipinos went up in June, a new poll released Wednesday showed, painting a bleak economic picture amid prolonged pandemic lockdowns. A June 23-36 Social Weather Stations (SWS) survey of 1,200 adults found that 27.6% of the country’s adult labor force are unemployed, higher by 1.8 percentage points compared to […]
Read MoreCambodian firms will closely monitor how neighbouring countries fare as the global community moves “aggressively” to implement the domestic tax base erosion and profit-shifting (BEPS) policy. A total of 130 countries have signed up for the tax policy which will impose a 15 percent tax on multinational firms that provide goods or services in countries […]
Read MoreThe move is set to be applicable to all debts incurred before August 1, 2021, instead of the previous timeline of June 10, 2020. The State Bank of Vietnam (SBV), the country’s central bank, has agreed for banks to extend the debt schedule for another six months until June 30, 2022. The move came following […]
Read MoreAmid tepid tourist demand, 52% of hotel operators are considering closing temporarily, while 9% want to shut down permanently if the Covid-19 pandemic lasts longer than expected. A joint survey by the Bank of Thailand and Thai Hotels Association (THA) found that 62% of hotel operators planned to reduce labour costs in order to deal with […]
Read MoreVietnam does not have regulations about the use of ethylene oxide (EO) in agriculture production or limits on EO residue in food. The Ministry of Industry and Trade has cited RASFF’s statistics as showing that European countries have issued 690 warnings related to EO. The countries with the highest numbers of warnings are the Netherlands […]
Read MoreKUALA LUMPUR, Sept 8 — Taiwanese companies focusing on Asean have identified Malaysia as among the top three most promising market for further expansion in the next 12 months. According to a survey commissioned by Standard Chartered for Borderless Business: Taiwan-Asean Corridor, the majority of Taiwanese companies are expecting business growth in the region with […]
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Thailand
