Digital technology will play an increasingly important role in spurring economic recovery after the COVID-19 crisis as well as promoting a new, sustainable and more resilient economy, President of the Cambodian National Assembly Heng Samrin said at the first plenum of the 42nd General Assembly of ASEAN Inter-Parliamentary Assembly (AIPA-42) held virtually on August 23. […]
Read MoreThe cabinet on Tuesday extended the 7% rate for value-added tax for a further two years. Deputy government spokesperson Rachada Dhnadirek said the rate would remain in force from Oct 1, 2021, to Sept 30, 2023, to support the Covid-affected economy. The Finance Ministry proposed the extension of the 7% rate to support national recovery, […]
Read MoreCorporate bonds issued by real estate firms account for a high proportion of securities that mature in three years. Experts warn of high risks if the real estate market cannot recover by that time. According to the Vietnam Bond Market Association (VBMA) , the total value of corporate bonds issued in the first seven months […]
Read MoreMANILA, Philippines — The government narrowed its budget shortfall by 13.56 percent to P121.18 billion in July as revenue growth outpaced spending, the Bureau of the Treasury said. For the month, revenue grew by over nine percent to P256.07 billion as tax generation rose to P229.79 billion, while non-tax income went up to P26.23 billion. […]
Read MoreThe baht opened at 32.88 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 32.92, the strongest in almost a month. The Thai currency is likely to move between 32.80 and 33.00 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon explained that investors had changed their views on the […]
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