The prolonged suspension of tourist visas to foreigners and strict health measures could kill the tourism and the aviation sector, according to a tourism industry insider. The tourism sector has been severely affected by the pandemic. Total visitor numbers fell 52 percent From January to April 2020, with the nation welcoming around 1.16 million foreigners, […]
Read MoreThe baht surged the most in a year on Thursday, defying a selloff among emerging Asian currencies and testing the central bank’s patience after it warned of economic risks from continued appreciation. The baht advanced as much as 1.1% against the dollar, the most since June 2019. The Thai currency has breached its 200-day moving […]
Read MoreMORE than 95,000 employers in Singapore will receive over S$450 million in payouts by the end of this month under the Wage Credit Scheme (WCS), the Ministry of Finance (MOF) and the Inland Revenue Authority of Singapore (IRAS) announced in a joint statement on Thursday. “The Wage Credit Scheme co-funds wage increases given by employers to Singaporean […]
Read MoreKUALA LUMPUR (REUTERS) – Malaysia’s industrial production index plunged 32 per cent in April from a year earlier, its biggest drop on record, government data showed on Thursday (June 11), hit by a sharp decline in activity because of coronavirus curbs. The figure was nearly double the drop of 18 per cent forecast by analysts […]
Read MoreThe Hanoitimes – The tax cut would benefit businesses with revenue in 2020 of less than VND50 billion (US$2.16 million) and a workforce not exceeding 100 employees. The government on June 11 proposed to the National Assembly (NA) a 30% cut in corporate tax in this year for domestic businesses hurt by the Covid-19 pandemic, including […]
Read MoreCambodia’s rice export is set to reach Timor-Leste as the governments of the two nations are working closely on the rice export deal. Cambodia has prepared 30,000 tonnes of milled rice as its first shipment to Timor-Leste, said Pan Sorasak, Minister of Commerce. The information was shared in a meeting with Ambassador to Timor-Leste to […]
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Thailand
