The Hanoitimes – The amount was part of a total of VND66.86 billion (US$2.91 million) in back taxes and fines that the Ho Chi Minh City Tax Department had asked Uber to pay since September 2017. The Netherlands-based Uber paid in full the entire VND53 billion (US$2.28 million) in back taxes and fines under the request […]
Read MoreThe National Social Security Fund (NSSF) yesterday teamed up with a Philippine insurance provider to boost the quality of the local social security system. Under the new memorandum of understanding, NSSF, an organisation of the Ministry of Labour, and Philhealth, a state-owned firm responsible for implementing universal health coverage in the Philippines, will maintain an […]
Read MorePTT Plc, the national oil and gas conglomerate, has defended itself against remarks by former Finance Minister Korn Chatikavanij about its takeover of SET-listed Glow Energy Plc, saying the acquisition was legal and is being vetted by regulators. The former Democrat Party politician posted an article to the public last weekend, claiming this deal will give […]
Read MoreMANILA, Philippines — Foreign direct investments (FDI) continued to flow into the country on the back of strong macroconomic fundamentals and growth prospects, rising by more than 42 percent to $5.75 billion in the first half from $4.04 billion a year ago, according to the Bangko Sentral ng Pilipinas. The inflows from January to June […]
Read More7-ELEVEN MALAYSIA By Maybank IB Research Rating: Sell Target Price: RM1.12 While the improvement in consumer sentiment bodes well for SEM’s sales outlook, there are headwinds ahead, said Maybank IB. “Minimum wage will raise overheads while the decision to maintain prices post sales tax implementation may dampen margins. Our financial year 2019/2020 earnings are cut […]
Read More[SINGAPORE] Singapore’s small construction firms are likely to face more difficulties repaying debt as a clampdown on property speculation worsens their already tight liquidity. The island’s economy grew at a slower pace in the second quarter than initially projected as construction plunged. Singapore increased stamp duties for developers in July, and also tightened borrowing limits […]
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Thailand
