MANILA, Philippines — The Philippines risks losing the gains it made in recovering job losses if the government decides to revert economic areas to lockdown to stem the spread of new variants, the Department of Finance said. In an economic bulletin, Finance Undersecretary and chief economist Gil Beltran cautioned that the Philippines has yet to […]
Read MoreLarge-scale shopping malls in the capital and some dark-red zone provinces are closed for two weeks to comply with the latest Covid-19 curbs in 10 provinces. Sixteen branches belonging to Central Department store, except Tops supermarkets and Central Food Halls, will be closed from Monday until July 25. On its Facebook page, Central Department Store […]
Read MoreE-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms. E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, […]
Read MoreVietnamese have turned the tables to become dominant in the retail market, while many foreign giants have had to leave. Lotte decided to shut down Lotte Mart Dong Da on July 1 in a move which is part of an adjusted development strategy on expanding its network nationwide. Inaugurated in March 2014, Lotte Mart Dong […]
Read MoreConsumer and business sentiment fell to record lows in June as sectors fret about rising Covid-19 infections and fatalities. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index fell to 43.1 in June from 44.7 in May, 46 in April, 48.5 in March, 49.4 in February and 47.8 in […]
Read MoreSingapore and Hong Kong are still trying to revive an agreement to allow quarantine-free travel between the two Asian financial hubs, which could be used as a model to open to more parts of the world, Singapore Health Minister Ong Ye Kung said on Friday. With very low Covid-19 case counts, or none at all […]
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Thailand
