The General Department of Taxation (GDT) is set to launch a property tax app soon, according to a senior official. Director-General Kong Vibol announced this during a GDT Special Live Show that provided an update on the tax department’s activities. The property tax app has already been developed but prior to its release to the […]
Read MorePETALING JAYA: Following the recent award of digital banking licences to companies in closest neighbour Singapore, interest in the local digital banking scene has been gaining traction. Observers say like Singapore, the ability to bring in technology including proven digital straight through processing or STP in order to drive efficiency in the banking sector will […]
Read MoreMANILA, Philippines — At least five banks are planning to apply for a digital bank license as part of efforts to improve the accessibility of financial products to Filipinos, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Chuchi Fonacier said the BSP has received five inquiries so far since it issued the guidelines […]
Read MoreSINGAPORE: Equity investors have given Singapore’s Sembcorp Industries Ltd a big thumbs-up this year after it shed its loss-making marine unit. But 2021 may prove to be a lot less euphoric, according to analysts. The utilities firm is 2020’s top gainer on the benchmark Straits Times Index, after being the worst performer in the preceding […]
Read MoreThe Fiscal Policy Office (FPO) believes Brexit is unlikely to have much impact on the Thai economy, as the value of trade, investment and tourism between the two countries is not high. Pisit Puapan, FPO director of Macroeconomic Policy Bureau, said that last year the UK was ranked the 20th major export destination for Thai […]
Read MoreWITH international borders still restricted, the hotel sector next year will still be highly dependent on domestic tourism. The easing of movement control orders recently, allowing for travels for tourism and meetings at hotels, will help the domestic tourism and hotel sector. Due to the low yield of domestic travels, hotels can only hope to […]
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