MANILA, Philippines — The Department of Finance (DOF) has given delinquent taxpayers more time to settle their deficiencies as part of the government’s efforts to ease the taxpayers’ burden amid the pandemic. The DOF has issued Revenue Regulations 32-2020 and 33-2020 extending until June 2021 the respective deadlines for people to avail themselves of the […]
Read MoreAny move by the US to impose tariffs on Vietnamese goods would hurt bilateral trade ties, the Ministry of Industry and Trade (MoIT) said. The ministry made the comment after Reuters reported that the US Department of Commerce is to continue imposing tariffs on Vietnamese goods from December based on the accusation of the Southeast […]
Read MoreBANGKOK: Thailand’s central bank is widely expected to leave its key interest rate at a record low to preserve its policy options as the tourism-reliant economy deals with a fresh wave of coronavirus infections, a Reuters poll showed. However, the new outbreak, the strength of the baht, below-target inflation plus protracted political protests could pressure […]
Read MoreKUALA LUMPUR: Malaysia has set the export tax for crude palm oil (CPO) at eight per cent for January 2021. In a statement today, the Royal Malaysian Customs Department said the eight per cent export duty rate was set after the CPO market price reached RM3,450 per tonne and above. The rate would be effective […]
Read MoreMANILA, Philippines — 2020 was a turbulent year, but apart from public health, the economy probably took the brunt of damage from the unprecedented coronavirus crisis. From economic growth slowing down, trade grinding to a halt, the stock market falling and even our most reliable migrant workers coming home in droves, economic officials correctly characterized this […]
Read MoreJAKARTA (The Jakarta Post/ANN): Publicly listed Bank Permata is set to join the BUKU IV category after its integration with the Indonesian branch of its new parent company, the Thailand-based Bangkok Bank. The integration qualifies Bank Permata to become a BUKU IV bank – one with core capital of more than Rp 30 trillion (US$2.1 […]
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