The Finance Ministry has turned down the Agriculture and Cooperatives Ministry’s proposal to offer 5,000 baht in cash relief to 91,000 civil servants farming for supplementary income, saying they are unqualified because they earn salaries. Civil servants with employment income are not qualified for handouts, said Finance Minister Uttama Savanayana. He plans to discuss the […]
Read MoreForeign investors are speeding up the restructuring and reallocation of their production networks globally, with Vietnam considered a bright candidate for investment given its location within the world’s most dynamically-developing region. The country’s prestige and position have improved in recent times thanks to its achievements in fighting the COVID-19 pandemic. “This is a chance for […]
Read MoreMANILA, Philippines — The deadline on paying income taxes, and other levies, will no longer be extended even if the government ultimately decides later to further lengthen lockdowns meant to control the spread of coronavirus disease-2019, the Bureau of Internal Revenue (BIR) said. Under Revenue Regulations (RR) 12-2020, the tax agency voided a provision on […]
Read MoreA shorter curfew period, inter-provincial travel and a trial of school reopenings with a reduced ratio of teachers per schoolchildren will be considered for the next stage of lockdown easing as coronavirus infections continue to fall. Meanwhile, the Centre for Covid-19 Situation Administration (CCSA) on Friday endorsed a recommendation to extend the state of emergency […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Singapore’s life insurance industry saw new business, in terms of total weighted premiums, grow 10 per cent to $965.8 million for the first quarter from January to March 2020, from $877.8 million a year ago. This comes as more consumers took action to secure their financial future in view of […]
Read MoreThe government needs to manage the local currency to become more competitive and ensure political stability, two key tools to help reboot the virus-hit economy, says Boonsithi Chokwatana, chairman of consumer goods conglomerate Saha Group. “If the government wants the economy to recover within one year after the pandemic ends, the baht should weaken to […]
Read More
Thailand
