The COVID-19 pandemic is a huge challenge for businesses irrespective of sector and size in all regions and countries, including Vietnam. To ride it out and recover once the pandemic is controlled, Vietnamese businesses are seeking support from the Government, including tax breaks like value-added tax (VAT) reduction. Many businesses and business groups have urged […]
Read MoreThe government has issued a regulation on economic recovery to support, maintain and strengthen businesses, stipulating state capital injections for ailing state-owned enterprises (SOEs) and loan subsidies for small businesses, among other things. Under Government Regulation (PP) No. 23/2020 on the national economic recovery program, which took effect Monday, the government will carry out efforts to support […]
Read MoreEXPORT-oriented economies in South-east Asia could take longer to recover from the coronavirus-led slowdown, compared with those with lower exposure to the impact of the global recession, a report from Morgan Stanley suggests. This means that economies like Thailand, Malaysia and Singapore may have to wait until the first quarter of 2021 to recover, the […]
Read MoreMANILA, Philippines — Bank lending grew in March as easing moves by the Bangko Sentral ng Pilipinas (BSP) to stimulate demand and soften the impact of the coronavirus disease-2019 (COVID-19) outbreak on the economy make their way through the country’s financial system. Central bank data released Tuesday showed outstanding loans by big banks, net of reverse […]
Read MoreIndustry insiders say digitalisation has played an important role in real estate business transactions as it struggles under the Coronavirus pandemic. Speaking during a webinar series hosted by realestate.com.kh, Chandy Mann, country head of Juwai IQI Cambodia, said Coronavirus will provide lessons in new ways of doing business, especially in the in real estate market. He […]
Read MoreKUALA LUMPUR, May 12 — To help kickstart the economy, the Malaysian government should consider certain unorthodox measures such as bringing back the Goods and Services Tax (GST) as well as reduce the excise duty on cigarettes. Datuk Abdul Aziz Abu Bakar, president of the Malaysian Association of Tax Accountants (MATA) said this is to […]
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Thailand
