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Philippines: Sin tax collections down in 9 months

MANILA, Philippines — According to preliminary data from the DOF, excise tax collections of the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC)   from the four product categories decreased to P193.7 billion from January to September compared to P211.8 billion in the same period last year. This is equivalent to 82.3 percent of […]

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Thailand: Number of firms seeking BoI benefits for improving production processes jumps 23% this year

The number of companies seeking tax incentives offered by the Board of Investment (BoI) for improving their production efficiency rose 23 per cent to 138 applications in the first nine months of this year, BoI deputy secretary-general Narit Therdsteerasukdi said. The companies’ investment in boosting their production efficiency has jumped 18 per cent to Bt15.19 […]

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Cambodia: Kampot tourism port project 55% complete

Kampot province’s new tourism port project has reached 55 percent completion, says the Ministry of Public Works and Transport (MPWT), but a redesign has caused additional delays beyond those already visited on the project, courtesy of the COVID-19 pandemic. The $8 million project made viable with a loan from the Asian Development Bank (ADB), was […]

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