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Cambodia: Kampot receives more local investment

At a time when many small and medium enterprises (SMEs) across Cambodia are either closing down or struggling to remain open, Kampot remains positive as more local investment keeps the coastal town booming. Multiple new businesses are popping up around the town of Kampot, ranging from bars, restaurants, guesthouses and even adventure tour companies. However, […]

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Tax-effective supply chain planning

COVID-19 has had an unprecedented impact on small and medium-sized businesses as well as large multinationals. Notwithstanding this very challenging environment, businesses could take advantage of the uncertain times and leverage opportunities to review, reset and restructure certain sections of their supply chains. By renewing their strategies in response to this disruption, they may seize […]

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Thailand: Tax revenue held back by pandemic

Tax revenue from private consumption and personal and corporate income will not reach the levels seen during the pre-pandemic period until a vaccine is successfully developed, says the Revenue Department. Tax revenue in the second quarter of the fiscal 2020 calendar, which started in October 2019, saw a 29% year-on-year decline as strict lockdown measures […]

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Malaysia: Gearing up for export recovery

PETALING JAYA: Times may be tough for business, but the Malaysia External Trade Development Corp (Matrade) is doing all it can to ensure that it helps boost the country’s exports. “The core function of Matrade is to create export opportunities for Malaysian companies. During this time, it’s not for us to sit down and do […]

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Philippines: Economists raise inflation forecasts

MANILA, Philippines — Economists of private banks have raised their inflation forecasts for 2020 as recovery starts following the government’s decision to gradually reopen the economy, according to the Bangko Sentral ng Pilipinas (BSP). Dennis Lapid, director of the BSP’s Department of Economic Research (DER), said the results of the central bank’s survey of private […]

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