The Finance Ministry is gearing up to launch both financial and non-financial measures aimed at revitalising the economy once the pandemic is under control. The stimulus package prioritises job creation in the local economy, said Finance Minister Uttama Savanayana. The measures call for specialised financial institutions including Government Savings Bank, the Bank for Agriculture and […]
Read MoreAbout 1,000 Cambodian traders have assembled at the Thai-Cambodian checkpoint in Ban Khlong Luek to protest against the prolonged border closure, yesterday. It was reported that the traders organised on the Cambodia side of the border and voiced their demand for the checkpoint to re-open so they could enter Thailand to trade at the Rong […]
Read MoreVietnamese business solutions startup KiotViet, which was set up in 2014, provides small and medium-sized enterprises (SMEs) with software for inventory, sales and other functions. It claims to have 100,000 stores under its belt so far, with a target of 200,000 more by 2022. A US$6 million Series A funding round, which closed in mid-2019, […]
Read MoreBruneians entering Malaysia from June 1 have to pay for the mandatory 14-day hotel quarantine. Non-Malaysians entering the country, including permanent resident pass holders, will have to foot the full cost of hotel accommodation when they are quarantined upon arrival. Malaysians have to pay half of the accommodation with the government subsidising the other half. […]
Read MoreMANILA, Philippines — Economists expect a slight uptick in May inflation which may prompt the Bangko Sentral ng Pilipinas (BSP) to hold off additional interest rate cuts within the second quarter. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said inflation may settle at 2.4 percent in May from 2.2 percent in […]
Read MoreAgainst the backdrop of the coronavirus crisis, income uncertainty has become heightened and some individual taxpayers may be tempted to put income tax planning on the back burner. One should not put off tax-saving moves till the end of the year, however, as deferring tax planning could lead to either falling short of the amount […]
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Thailand
