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Malaysia: Insight – Taxing the digital economy

Tax authorities around the world believe that tax rules have not kept up with digitalisation, globalisation and new business models. There is a concern that multinationals can make significant profits from countries where their customers are located, by using technology to deliver goods and services without an “onshore” physical presence and potentially without paying taxes […]

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Philippines: Property remains viable investment

MANILA, Philippines — Property remains a viable investment despite the uncertainties brought about by the pandemic, according to Ayala Land Inc (ALI). While its mall operations have been affected by the negative business environment, ALI maintains its optimistic outlook for the sector through long-term investment strategy and innovative business approach. Investors can use it as […]

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Optimism about Vietnam economic rebound

The Hanoitimes – Despite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery, stated economist Nguyen Minh Phong. The Vietnamese government targets economic growth of 2% to 3% in 2020, 6% in 2021, however, it remains quite modest compared to positive assessment from international […]

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Starbucks Officially Announces Entry into Laos

Starbucks has announced that it plans to open outlets in Laos as it expands its network of over 10,000 stores in Asian countries. The Seattle-based coffeehouse has said it is to open its first store in Vientiane Capital in 2021, which would make it the 17th Asian market in which the coffee chain operates. According to its website, […]

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