The Finance Ministry is conducting a study of the pros and cons of allowing subsidiaries that are situated in different geographic locations to separately pay corporate income tax to the areas where they are domiciled to make it more difficult to avoid tax payment. The study comes after the World Bank proposed that each country improve […]
Read MoreThe Hanoitimes – Vietnam’s steel exports soared to over US$1 billion during the first quarter of the year and heads toward a strong upward trend. The steel production and consumption in April were strong due to the favorable weather and peak season, reported the Vietnam Steel Association (VSA). Accordingly, the volume of steel production in April reached […]
Read MoreMANILA, Philippines — Inflation likely accelerated in April at a range of 3.9 to 4.7 percent due to higher rice prices, rising pump prices of petroleum products and more expensive electricity rates, the Bangko Sentral ng Pilipinas (BSP) said yesterday. The central bank’s Department of Economic Research said last month’s inflation forecast was higher than […]
Read MoreThai citizens’ data privacy is expected to be secured with the Data Protection Act’s enforcement this year after being approved by the cabinet this month. The Electronic Transactions Development Agency (ETDA) will be responsible for the temporary Data Protection Knowledge Centre to educate the public about data privacy protection. Prior to the Cybersecurity Act, ETDA will […]
Read MoreThe Health Ministry is drafting a regulation on online pharmacies in a bid to contain sales of unlicensed medicines. Under the draft regulation, only licensed offline pharmacies, drug wholesalers (PBF) and drugstores would be allowed to establish e-pharmacy businesses, said the Food and Drug Monitoring Agency’s (BPOM) distribution and service monitoring director, Hardaningsih. “By allowing […]
Read MoreAs oil prices continue to rise, the government is set to push for more subsidies for those in need in an attempt to stabilize the economy. Finance Minister Sri Mulyani Indrawati said that the rising price of oil would put pressure on the economy as a hike in fuel prices would likely lead to a hike in prices […]
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Thailand
