Bank Indonesia (BI) is holding a National QRIS Week event across Indonesia to promote cashless transactions among small businesses using its Quick Response Indonesia Standard (QRIS) code system. During the one-week event, which ends March 15, the central bank will disseminate information on the technical details of the QRIS system and the registration process for […]
Read MoreThe government has announced plans to transform the country into the electric vehicle and motorcycle hub of Asean within five years via state measures to boost demand, though some critics continue to doubt Thailand’s ability to create a full-fledged EV ecosystem. The government has drawn up a roadmap to promote EVs through state agencies and […]
Read MorePETALING JAYA: Malaysia may need to recalibrate Budget 2020 if oil prices continue to persist at current levels, with a risk of sinking further. Even with oil prices seeing slight recovery, it may not be sustainable to reach US$62 per barrel which the national budget was based on.Brent crude oil was at US$36.30 per barrel […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has tightened the guidelines on correspondent banking relationships as legislation against money laundering and terrorism financing needed to avoid being included in the watchlist of the global watchdog have yet to be passed. BSP Governor Benjamin Diokno said the BSP has approved amendments to the Manual […]
Read MoreAlthough exports of marine products to China have declined slightly so far this year due to the COVID-19 outbreak sweeping the world, some 4,000 tonnes of goods were still sent overseas over the last week, a senior fisheries official says. “As the number of coronavirus cases started rising in China in January, exports of Myanmar’s […]
Read MoreWorkers in the manufacturing industry will not have to pay income taxes for six months as the government has announced measures to shield the economy from weakening economic activity against the backdrop of the coronavirus pandemic. Finance Minister Sri Mulyani Indrawati said the move to temporarily exempt manufacturing workers from income tax payment (PPh 21) took […]
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Thailand
