The new proposal on tax cuts for local firms should focus on changes of earnings, not personnel, so it benefits the worst-hit companies during COVID-19, National Assembly (NA) deputies said on Thursday. The prolonged global COVID-19 pandemic has had a severe impact on the Vietnamese business community, especially small companies, finance minister Dinh Tien Dung told […]
Read MoreKUALA LUMPUR, June 14 — During the movement control order (MCO), many businesses were affected when the country came to a halt almost overnight. In the most extreme of cases, businesses closed and people lost their job. Then there are those who had to take pay cuts. Of the latter, a Think City survey found […]
Read MorePrime Minister Hun Sen recently predicted that the country’s economy may contract 1.9 percent this year due to the COVID-19 pandemic. In a circular on budget planning for 2021-2023, he said Cambodia has recorded a strong fall in demand from its trading partners. Its growth heavily relies on garment and footwear exports, tourism, construction and […]
Read MoreIn recent months, we have faced the negative effects of Covid-19. While we talk about finding opportunities in those challenges, it isn’t black and white in our world. Not every individual and business is lucky enough to find the opportunities to rise above the crisis amid this chaos. The reality is that although we can […]
Read MoreFears over virus transmission have cast a shadow on the government’s plan to reopen tourist destinations across Indonesia, especially as the number of COVID-19 cases continues to climb despite the authorities’ health protocols for the so-called new normal. The head of the Indonesian Tour and Travel Agencies Association (Asita) in Bali, I Ketut Ardana, said […]
Read MoreMANILA, Philippines — More agriculture stakeholders are urging the government to put a temporary halt on the importation of meat products to help local farmers survive. In a joint statement, eight agriculture organizations appealed to the Department of Agriculture to stop issuing import permits for chicken meat, pork and processed products until the end of […]
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Thailand
