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Brunei: Use online services, minister urges

Several initiatives have been implemented to reduce congestion at Land Transport Department (JPD) counters and its branches, including increasing online service usage, Pay and Collect and the Darussalam hotline 123 over the past two weeks. Minister of Transport and Infocommunications Dato Seri Setia Awang Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji […]

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Thailand: Delay on land and building tax urged

The private sector has proposed the government to put off the new land and buildings tax act for a year, citing the current economic environments are not yet proper to start a collection in August this year as scheduled. Supant Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), after yesterday’s second meeting of the […]

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Vietnam: Loan policy a true juggling act

The health crisis has led to huge demand for capital for Vietnam to fuel domestic production activities and medical treatment.  However, questions arise over how the country can positing itself to access more international loans amid its efforts to control public debts. As more countries impose quarantines and social distancing, the fear of contagion and […]

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Philippines: Economy seen contracting this year

MANILA, Philippines — S&P Global Ratings expects the Philippine economy to contract this year as businesses came to a grinding halt amid the coronavirus disease 2019 or COVID-19 outbreak. In a report, the debt watcher said it now expects the Philippine economy to contract by 0.2 percent instead of growing by 4.2 percent this year. […]

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