A tax break has been granted to taxpayers of commercial buildings under the Municipal Boards, with consent from His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam. The announcement was made by Minister of Home Affairs Pehin Orang Kaya […]
Read MoreE-commerce is not an alternative, but a survival tactic for small businesses affected by the crisis, with social commerce accounting for 40% of total online transactions, says an e-commerce executive. Social commerce has been gaining popularity because it facilitates a direct interaction between buyers and sellers, said Thanawat Malabuppha, president of the Thai e-Commerce Association. […]
Read MoreTHE oncoming rise in unemployment will dwarf that during the global financial crisis (GFC) said ANZ Research in a report on Friday, adding that it is unlikely to revert to pre-COVID-19 levels even after activity starts to normalise. In particular, the unemployment situation could be more severe in economies with large informal sectors such as Indonesia and […]
Read MoreCambodia has signed avoidance of double taxation agreements (DTAs) with six countries in Asean and has more in the pipeline. The deals ultimate goal is to facilitate better investor access, an official at the General Department of Taxation (GDT) said yesterday. Seng Cheaseth, director, Department of Law, Tax Policy and International Tax Cooperation at GDT, […]
Read MoreThe global Covid-19 pandemic has led to the greatest impact on trading conditions around the world in recent memory. More than 3.6 million people have been infected globally, with nearly 3,000 having tested positive in Thailand. Since March 22, as a measure of social distancing, all shopping centres and retail outlets were ordered to close […]
Read MoreMANILA, Philippines — The economy may contract further in the second quarter due to the coronavirus disease 209 or COVID-19 outbreak, according to Finance Secretary Carlos Dominguez. In a statement, Dominguez said the economy may head deeper into the negative territory in the second quarter after contracting by 0.2 percent in the first quarter. Dominguez, […]
Read More
Thailand
