The new regulation that clients’ information will be shared by 30 commercial banks with taxation bodies has stirred up the public. People fear that their bank account information may be leaked. Information security Decree 126 that guides the implementation of the Tax Administration Law, to take effect on December 5, 2020, stipulates that commercial banks […]
Read More[BANGKOK] Thailand’s manufacturing production index (MPI) dropped a smaller-than-expected 0.54 per cent in October from a year earlier, with lower production of cars and clothes amid the coronavirus pandemic, the industry ministry said on Friday. That compares with a forecast for a decline of 1.80 per cent in a Reuters poll, and against September’s revised […]
Read MoreMANILA, Philippines — The Philippines may not be able to get out of the pandemic-induced slump until the health crisis has passed over most of the world, the World Bank said yesterday. In a presentation during the BusinessWorld Virtual Economic Forum yesterday, World Bank country director for the Philippines Ndiame Diop said the unique impact […]
Read MoreVietnam has set to be a bright alternative in Asia for US businesses amid the unprecedented challenges. Vietnam, one of few countries in the world that have controlled the Covid-19 and reopened the economy early amid global uncertainties, has gained positive sentiment among US investors. Moreover, the closer relationship has resulted in billion-dollar economic deals […]
Read MoreThailand’s economy is projected to recover slowly because of downside risks from domestic headwinds despite upbeat signals about Covid-19 vaccine development, says KKP Research. Although the economy gained traction in the third quarter, the economic recovery outlook remains fragile and uneven for different sectors and throughout Thailand, according to a report by KKP Research, the […]
Read MoreSINGAPORE’s financial services sector has remained resilient against the economic toll of the Covid-19 pandemic, creating some 1,900 net jobs for Singaporeans in the first half of the year. But this trend may not be here to stay, as rising demand for tech roles in the industry continues to outstrip the ability to build up […]
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