The Revenue Department has started to send notification letters to online merchants that have income at the threshold of personal income tax liability. The objective is to integrate these people into the tax base, said director-general Ekniti Nitithanprapas. The response from online merchants who have received the notification letters has been mostly positive, said Mr […]
Read MoreAnalysts expect a resurgence in initial public offerings (IPOs) next year, when many companies that delayed listing on the Stock Exchange of Thailand (SET) because of the pandemic are likely to offer shares amid renewed market enthusiasm. Chaiyaporn Nompitakcharoen, deputy managing director of Bualuang Securities, said market sentiment on the Thai bourses has already improved […]
Read MorePUTTING the Singapore-Hong Kong air travel bubble on hold at the eleventh hour has no doubt caused disappointment and frustration. It was, however, a wise move that will inspire trust and confidence in the bilateral quarantine-free travel arrangement between the two Asian hubs. Less than 24 hours before the scheduled, much-anticipated launch of the travel […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas sees steady inflows from foreign direct investments (FDIs) and remittances from overseas Filipino workers as the adverse impact of the global health pandemic on the country’s external accounts reached its peak during the second quarter of the year, according to the Bangko Sentral ng Pilipinas (BSP). In […]
Read MoreAsiatic Group (Holdings) Ltd (AGHL), a Singapore Exchange listed company, has started arbitration proceedings against the Phnom Penh Special Economic Zone Plc (PPSP) seeking a minimum of $14.4 million in relief over a disputed power supply contract. A disclosure document submitted by AGHL on Thursday stated, “on June 30 2020, the Electricity Authority of Cambodia […]
Read MoreFestive items for the New Year holiday, including calendars, diaries and cards, are likely to have sluggish sales as their purchase orders are down 15-20% from the third quarter last year because of the impact of the pandemic, says the Federation of Thai Industries (FTI). The purchase orders usually occur in the third quarter of […]
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