The cabinet on Wednesday approved in principle a guideline to reopen the country for foreign tourists and crews of foreign yachts under a special tourist visa (STV) scheme, which was recently approved by the cabinet to restart the pandemic-battered tourism industry. According to deputy government spokeswoman Traisulee Traisoranakul, the new guideline will become effective within […]
Read MoreThe National Consumer Protection Agency (BPKN) has recommended that e-commerce platforms ramp up their user protection measures following a rise of online marketplace complaints during the health crisis. BPKN advocacy expert staff member Akmalia Hidayati said e-commerce platforms should adhere to the general data protection regulation (GDPR) and make their terms and conditions clear, so […]
Read MorePETALING JAYA: Malaysia’s solid trade surplus in the July-September period is set to boost the country’s economic recovery in the third quarter of 2020. A fortnight before the third-quarter gross domestic product (GDP) results will be unveiled on Nov 13, Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid (pic below) said the country’s […]
Read MoreThe Philippine economy could have rebounded in the third quarter of 2020, but state-imposed physical distancing measures would continue to weigh on its recovery from the coronavirus disease 2019 (Covid-19) pandemic, according to Capital Economics. In a report on Wednesday, the London-based research consultancy firm said the country’s “GDP (gross domestic product) is likely to […]
Read MoreBusinesses following the sharing economy model are facing problems in tax declaration. Because of the lack of regulations, the taxation body may be taxing inaccurately or missing taxpayers. Difficult to collect tax The Ministry of Finance (MOF) has released a report on taxes and tax management in the sharing economy. The ministry says the current […]
Read MoreSINGAPORE – The road to recovery for the labour market is likely to be slow and uneven, with resident unemployment rates taking a longer time to reach pre-crisis levels compared with during the global financial crisis, said the Monetary Authority of Singapore (MAS). In its review of the macroeconomic situation released on Wednesday (Oct 28), MAS said the […]
Read More
Thailand
