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CDC expects more investment inflows into Cambodia as it launches investment facilitation database

The Council for the Development of Cambodia, in collaboration with the World Economic Forum yesterday held a launching ceremony of a database on supply chain treaties to provide investment facilitation for sustainable development. The ceremony was presided over by Sok Chenda Sophea, Minister Delegate to the Prime Minister, Secretary-General of the Council for the Development of […]

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Philippines: Recession seen to extend to Q2

MANILA, Philippines — The Philippines may suffer its sixth consecutive economic decline in the second quarter as the prolonged lockdown coupled with rising prices force families to reduce their consumption, an international think tank said. UK-based Pantheon Macroeconomics said gross domestic product (GDP) may further slip by 0.6 percent in the second quarter, with families […]

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Thailand: SMEs to get tax break on software-related expenses

The cabinet on Tuesday approved in principle a measure to allow small-and-medium-sized enterprises (SMEs) to use their software or computer programme-related expenses as a deductible on corporate income tax at the rate of two times the expense in some cases, said the Revenue Department’s director-general, Dr Ekniti Nitithanprapas. The approval is aimed at encouraging SMEs […]

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