The Finance Ministry will start charging 10 percent value-added tax (VAT) on imported digital goods and services, which includes video and music streaming subscriptions, starting from July 1 in an attempt to boost state revenue amid the COVID-19 outbreak. According to Finance Ministerial Regulation No. 48/2020, the tax will be collected from customers by the […]
Read MoreMANILA, Philippines — The Philippines would remain as an attractive destination for business process outsourcing (BPO) post-pandemic due to competitive wages and a mature BPO sector, acting Socioeconomic Planning Secretary Karl Chua said. Interviewed on The Chiefs aired on One News Thursday night, Chua said despite the possibility that more multinational firms may onshore their […]
Read MoreThe authorities have successfully thwarted at least two attempts to smuggle billions of dollars into Cambodia. These were in addition to the millions seized from suitcases and bags smuggles through the airport and land borders, said Prime Minister Hun Sen. Speaking at the cabinet meeting Friday, the prime minister said that the Governor of the […]
Read MoreThe Hanoitimes – With a limited state budget, Vietnam should mobilize social resources to support startups and large-scale enterprises, those considered capable of driving the economy forward. While the Covid-19 pandemic is transforming the world into a totally different one, Vietnam should readjust its development strategy to make full use of a new economic order, according […]
Read MoreRetailers and the private sector have hailed the government’s decision to allow department stores, malls and other businesses to reopen on Sunday, hoping the move will boost the sentiment and spending of consumers. “This is considered good news after a long two months of waiting,” said Piyawan Leelasompop, executive vice-president for marketing at Central Department […]
Read MoreDaily consumption of fuel in the May 1-11 period fell sharply across all types, mainly attributed to the government lockdown and travel restrictions to curb the spread of the coronavirus, according to a report by the Energy Business Department. Total gasohol and petrol consumption dropped 11.3% to an average of 28 million litres a day […]
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Thailand
