MANILA, Philippines — The country’s economic growth momentum could be derailed, with gross domestic product (GDP) growth slowing down further and staying below six percent if the coronavirus disease-2019 (CoViD-19) outbreak lasts about six months. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said in a latest research note that the impact […]
Read MoreRapid changes in the competitive landscape and consumer behaviour, along with new business opportunities, compel organisations these days to change continuously to become more effective and customer-driven. Digital disruption along with the need to innovate and be sustainable are added challenges for corporate leaders and managers. Navigating these changes and disruptions requires not only executives […]
Read MoreLaos will implement new income tax rates for businesses and employees on February 17, in a move to improve tax compliance as well as boost productivity. The new Income Tax Law (Tax Law No. 67/NA), which will replace Tax Law No. 70/NA issued in 2015, will lower the profit tax rate for small, medium, and […]
Read MoreThe retail market in many countries, including Thailand, is facing a tough time. And although the Thai retail market still has room to grow, the upward trend may last for only a few more years. Online shopping is the main factor directly affecting the retail business. Many retail operators and property developers are thus trying […]
Read MoreFour Cambodian factories produced 7.89 million tonnes of cement in 2019, allowing the nation to reduce the amount of imports feeding the booming construction sector, according to a report by the Ministry of Mines and Energy. The National Bank of Cambodia’s Macroeconomic and Banking for 2019 Report and 2020 Outlook, stated that in 2019 cement […]
Read MoreMANILA, Philippines — The Philippines is expected to maintain its status as the world’s biggest rice importer even as it decides to import less rice this year. This year, the country is seen importing some 2.5 million metric tons of rice, 13.8 percent lower than the previous year. “Global trade is down with lower estimates […]
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Thailand
