Economic recovery after the COVID-19 pandemic will require greater efforts to foster the uptake of e-commerce and digital solutions all over the country, said Shamika N. Sirimanne, the United Nations Conference on Trade and Development (UNCTAD) director of technology and logistics. She added that it’s necessary to improve information communication technology (ICT) connectivity in rural […]
Read MoreThe General Department of Taxation (GDT) has provided companies more time to file their taxes because not all companies are ready for the new e-filing method. The announcement stated that after suggestions from the private sector, the Ministry of Economy and Finance decided to delay it from June to August. However, the GDT claims that […]
Read MoreThe Ministry of Finance will consider a value-added tax (VAT) rate of 5 per cent on fertiliser products which are now free of VAT in response to domestic producers’ claim that the zero VAT policy made it harder for them to compete. Director of the ministry’s Tax Policy Department Pham Dinh Thi told Vietnam News […]
Read MorePrime Minister Prayut Chan-o-cha has launched the government’s “new normal” initiative by inviting people from all sectors of society to map out Thailand’s future after the Covid-19 crisis. The prime minister on Wednesday addressed the nation on the government’s plan for the country in the post Covid-19 era. He announced three “new normal” ways of […]
Read MoreThe Cambodia Rice Federation (CRF) and the National Bank of Cambodia (NBC) discussed ways to use the Chinese Yuan and the riel in rice exports between China and Cambodia. CRF vice president Chan Sokheang told Khmer Times the CRF also talked with the representative of the NBC to promote the local currency for domestic consumption and transactions. […]
Read MoreThe Myanmar economy is expected to deteriorate further this year as a result of COVID-19, State Counsellor Daw Aung San Suu Kyi said during a meeting with key finance ministers on June 16. She said any economic damage caused by the pandemic so far is likely to worsen in the coming months and that Myanmar […]
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