Deputy Finance Minister Santi Prompat says he will discuss with Finance Minister Arkhom Termpittayapaisith the new excise tax structure for cigarettes, which is under review, before proposing it for the cabinet’s consideration next month. A new flat tax rate of 40% was scheduled to be applied since October 2019, regardless of the retail price, but […]
Read MoreThe Thai industrial and logistics property sector has been proclaimed as the preferable market in these uncertain times for developers and investors. And while it has fared better than other commercial property sectors, it has not all been plain sailing, according to the property consultancy CBRE. The industrial and logistics market has undergone areas of […]
Read MoreDigital technology will play an increasingly important role in spurring economic recovery after the COVID-19 crisis as well as promoting a new, sustainable and more resilient economy, President of the Cambodian National Assembly Heng Samrin said at the first plenum of the 42nd General Assembly of ASEAN Inter-Parliamentary Assembly (AIPA-42) held virtually on August 23. […]
Read MoreThe cabinet on Tuesday extended the 7% rate for value-added tax for a further two years. Deputy government spokesperson Rachada Dhnadirek said the rate would remain in force from Oct 1, 2021, to Sept 30, 2023, to support the Covid-affected economy. The Finance Ministry proposed the extension of the 7% rate to support national recovery, […]
Read MoreCorporate bonds issued by real estate firms account for a high proportion of securities that mature in three years. Experts warn of high risks if the real estate market cannot recover by that time. According to the Vietnam Bond Market Association (VBMA) , the total value of corporate bonds issued in the first seven months […]
Read MoreMANILA, Philippines — The government narrowed its budget shortfall by 13.56 percent to P121.18 billion in July as revenue growth outpaced spending, the Bureau of the Treasury said. For the month, revenue grew by over nine percent to P256.07 billion as tax generation rose to P229.79 billion, while non-tax income went up to P26.23 billion. […]
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Thailand
