The cabinet on Tuesday approved the extension of the 7% value-added tax (VAT) rate for another two years to help reduce the financial burden of consumers, enhance business confidence and boost economic recovery. Rachada Dhanadirek, a deputy government spokeswoman, said the 7% VAT will be retained until Sept 30, 2023. The 7% tax rate, which […]
Read MoreWEALTH management experts often advise investors not to put any funds they might immediately need in the stock market. To maximise the benefit of traditionally high returns from owning stocks, and mitigate the inherently volatile nature of this asset class, investors should plan to have as long a holding period as possible. So, what is […]
Read MoreThe acceleration of the vaccine rollout should help Vietnam’s economy to return to its pre-pandemic growth level next year. The Vietnamese GDP growth is set to expand by 4.8% in 2021, and reach the pre-pandemic GDP growth rate of 6.5-7% from 2022 onward. World Bank’s (WB) Senior Economist Dorsati Madani revealed the figures at the […]
Read MoreBilateral trade between Cambodia and South Korea was worth $552.1 million in the first seven months of this year, growing by nearly 11 per cent on a yearly basis from $498.75 million, according to the Korea International Trade Association (Kita). In the January-July period, Cambodian exports to South Korea were valued at $188.2 million, inching […]
Read MoreMANILA, Philippines — The SM STORE’s “Call to Deliver” service is achieving double-digit growth proving the convenience, range, and high service levels that customers expect of SM. The growth of the concept amid the pandemic was brought about by its personalized approach in online shopping, which is part of SM’s continuing shopping innovation to adapt […]
Read MoreSINGAPORE (BLOOMBERG) – Indonesia’s Bank Central Asia (BCA) will invest US$200 million (S$271 million) in its digital arm to fend off competition from tech giants Gojek and Sea, which are expanding into one of the world’s largest unbanked markets. The South-east Asian nation’s biggest lender by market value will use the funds to help Blu, […]
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Thailand
