SINGAPORE: Singapore said its sales tax will rise to 9% from 7%, but the change will only come “sometime” between 2021 and 2025, making it likely that the increase would kick in after the city-state’s next general election. Instead of getting a GST hike soon, Singaporeans aged 21 and above will get a “hong bao”, […]
Read MoreTEMPO.CO, Sydney – Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency. It plans to launch its online gold platform in Thailand later this year, the company said. Its cryptocurrency product, dubbed GOLDX, was launched at the end of last year and has now received certification from Amanie Advisors, a Malaysia-based Islamic finance consultancy, said chief […]
Read MoreTEMPO.CO, Jakarta – Online shopping can be considered to be one of many favorite activities for `digital moms`, especially those who already have children. According to a research conducted by The Asian Parent, 73 percent of mothers in Indonesia chose Shopee as their favorite e-commerceplatform. “We are aware that every mother faces the challenge to manage their time between managing […]
Read MoreAN INFLUENTIAL forecaster has raised its estimate for 2018 economic growth to 4.4 per cent, citing stronger than expected expansion in the economies of Thailand’s trading partners and the sustained gains in exports and tourism. The University of the Thai Chamber of Commerce Centre for Economic and Business Forecasting had earlier estimated growth of 4.2 […]
Read MoreThe Bank of Thailand plans to extend the business scope of banking agents to money withdrawals and retail payment services, expected to take effect from next month. The central bank is waiting for legal approval before making an official announcement on the amendment of banking agent regulations, said Somboon Chitphentom, assistant governor, financial institutions policy […]
Read MoreE-commerce spending in Thailand has inched higher, but is still lower than the global average. Thailand’s average e-commerce spending per user for consumer goods is US$248 (7,782 baht), compared with the global median of $833 (26,141 baht), according to a study by social media management platform Hootsuite and global agency We Are Social. Some 52% […]
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