SINGAPORE will adjust its corporate tax rate and related tax incentives schemes, in due time – but it will do so, in consultation with the industry, while protecting its sovereign rights on taxes and keeping the compliance burden on businesses down, said Minister for Finance Lawrence Wong. The minister was replying to questions posed in […]
Read MoreThe problem with technological innovation is that it tends to expand in directions and at a pace that even the most tech savvy would be pushed to predict. Few would have guessed that Vietnam and The Philippines would be home to the world’s second- and third-most active cryptocurrency investors, or that Cambodian tech companies would find […]
Read MoreMANILA, Philippines — The Philippine economy is expected to grow at least five percent this year, still below government targets, as the pace of vaccination rollout and possibility of lockdown measures may dampen the much-needed recovery. In its latest report, GlobalData, a leading data and analytics company in the UK, estimates that gross domestic product […]
Read MoreThailand is working to reopen to foreign tourists following a commitment from the prime minister to lift most restrictions by mid-October, with the aim of putting the economy back on track. Hospitality businesses are pinning their hopes on the Phuket sandbox model starting on July 1 to accelerate the tourism recovery and save the industry […]
Read MoreSINGAPORE – Retail sales surged in May this year, compared with the same period last year, due to the low base when Singapore was in the circuit breaker phase to contain the Covid-19 pandemic. Takings at the till rebounded by 79.7 per cent on a yearly basis, even higher than the 54 per cent increase recorded […]
Read MoreAs both new daily infections and deaths caused by Covid-19 continue to set records, concerns regarding the administration’s ability to govern the country have almost reached a critical point. The third outbreak, the largest since the pandemic emerged early last year, is undermining the public health system and slowing economic recovery. As doubts over the […]
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Thailand
