MANILA, Philippines — The country’s agricultural trade value dropped 20 percent to $4.07 billion in the second quarter of the year amid lesser exports due to constraints brought about by the pandemic. Latest data from the Philippines Statistics Authority (PSA) showed agricultural imports comprised 64.3 percent of the bulk of the trade while exports made […]
Read MoreThe Securities and Exchange Commission (SEC) plans to replace the annual fee it charges the Thailand Futures Exchange (TFEX) from the existing 2 million baht per year to 0.05 baht per contract, with a minimum annual collection of 2 million baht. The current annual trading fee charged by the SEC for investment products traded on […]
Read MoreThe Hanoitimes – Online payment is essential as the government targets to provide at least 30% of online public services at advanced stages of 3 and 4 in 2020. The Vietnamese government aims to fully integrate the online payment function on the national public services portal by September 15, aiming to ensure convenience for the people […]
Read MoreOutgoing Bank of Thailand Governor Veerathai Santiprabhob said public debt restrictions should be eased to allow the government to spend more as monetary policy options dwindle with interest rates already at an all-time low. Given the severity of the pandemic-driven downturn, the governor said his “personal view is that the 60% public debt-to-GDP limit can […]
Read MoreHLH, otherwise also known as Hong Lai Huat, whose core business or property development and agriculture, has teamed up with Skiold A/S of Denmark to explore investment into a $ 1 billion proposed Cambodia-Singapore Agriculture Special Economic Zone. According to reports published in The Edge, Singapore, the objective of the MOU is to “create the […]
Read MoreIndonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom, to a list of internet-based businesses that must pay a 10% value-added tax on sales. In July Indonesia had already announced that Alphabet Inc’s Google Asia Pacific, Netflix and Facebook among other tech companies would be liable to VAT. […]
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