th01
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Thailand: Second time unluckier?

Easing the restrictions to contain the coronavirus outbreak seems to be a gamble the government has to make, since businesses could be wiped off the radar on Wongnai and other lifestyle super apps. But the move could be a make or break for the masses, and a second wave of the disease remains a key […]

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Philippines: BIR extends tax filing deadline anew

MANILA, Philippines — Companies and individuals have been given more time to file their various tax returns and make the corresponding payments as the enhanced community quarantine in the National Capital Region (NCR) and nearby provinces  has been extended anew, according to the Bureau of Internal Revenue (BIR). Finance Secretary Carlos Dominguez and Internal Revenue […]

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Asia factory activity slumps to record lows amid global lockdowns

SINGAPORE (BLOOMBERG) – Factory output across several Asian countries slumped to record lows in April, signalling a deeper contraction in the world’s manufacturing hub even as China begins restarting some operations. Purchasing Managers’ Indexes (PMIs) across South-east Asia slumped further below 50, the dividing line between contraction and expansion, to post their weakest readings since […]

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