The country’s post-election state of political limbo is causing many Americans to hit the pause button on just about every type of purchase during what retailers had hoped would be an early holiday shopping season. That uncertainty, retail analysts say, deals yet another setback to an industry that has already dealt with its share of […]
Read MoreMANILA, Philippines — The tax treatment for online gambling, whether done onshore or offshore, is the same after the Philippine Amusement and Gaming Corp. (PAGCOR) gave casino operators the green light to accept bets online, according to the Department of Finance. DOF Secretary Carlos Dominguez issued the clarification after Bloomberg reported that the applications of […]
Read MoreLine Shopping, an online shopping platform of Line app, is pivoting towards entertainment, shopper engagement and convenient commerce as part of its strategies to catch the wave of social commerce in Thailand. The move is meant to support the platform’s social commerce ecosystem with fun chat and new shopping experiences through various features. Line Shopping […]
Read MoreMANILA, Philippines — Government spending on infrastructure slowed down by 16.5 percent in the first nine months as the coronavirus pandemic caused delays in construction activities and discontinuance of projects, the Department of Budget and Management (DBM) reported yesterday. According to the latest data from the DBM, infrastructure and other capital outlays amounted to P451.5 […]
Read MoreForeign investment applications in Thailand amounted to 118.5 billion baht in January-September, down 29% from a year earlier, as investors were deterred by the coronavirus pandemic, an investment agency said on Wednesday. Foreign investors remain interested in the country, despite months of political protests, Duangjai Asawachintachit, secretary general of the Board of Investment (BoI), told […]
Read MoreThailand’s exports may drop by 7% this year, an improvement on the 8-10% drop projected earlier and helped by a gradual recovery in global demand, but a strong baht remains a concern, the Thai shipping association said on Tuesday. “After a positive surprise in September’s shipments, we expect exports to improve further this year,” Ghanyapad […]
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