PETALING JAYA: Although the country’s economy is set to rebound next year, it is still not out of the woods, according to economists. Domestic and external factors could dampen gross domestic product (GDP) growth. However, the stimulus as well as fiscal measures under Budget 2021 could enable the economy to stage a rebound. Economists are projecting a […]
Read MoreMANILA, Philippines — The Philippines is facing more uncertainties even as economic and social reopening starts to take shape in the country, according to Ayala Corp. chairman Jaime Augusto Zobel de Ayala. He said that while emergency measures – from both the public and private sectors – helped alleviate the crisis and allowed an initial […]
Read MoreA young woman borrowed VND8 million via an app, but the total amount of money she had to pay after three months reached VND200 million. Unable to pay the debt, she killed herself. Disaster struck Truong Thi Ngoc Bich’s family in Bien Hoa City in late March 2020 when she discovered her only daughter, 23, […]
Read MoreThe strengthening of the value of the baht is putting the Bank of Thailand in the hot seat again as an influx of offshore fund flows move into emerging market economies, spelling trouble for the export-reliant country. The baht has appreciated rapidly against the US dollar following risk-on sentiment based on the outcome of the […]
Read MoreThe General Department of Taxation (GDT) has organised an official signing ceremony of the letter of User Acceptance Testing (UAT), and launched the trial of a Data and Information Sharing Automatic System, according to a recent GDT’s press release. Representatives from GDT and the General Department of Customs and Excise of Cambodia (GDCE) Dr Ken […]
Read MoreMANILA, Philippines — According to preliminary data from the DOF, excise tax collections of the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) from the four product categories decreased to P193.7 billion from January to September compared to P211.8 billion in the same period last year. This is equivalent to 82.3 percent of […]
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Thailand
