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Vietnamese ICT businesses benefit from digital consumption

Vietnamese ICT enterprises have benefited greatly from the fast digitalisation trend, with their revenues rising despite the COVID-19 pandemic. Google’s e-Conomy SEA 2020 report said COVID-19 has led to an acceleration of digital consumption as users tried new digital services for the first time. According to the report, among users of digital services in Vietnam, new users accounted for […]

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Cambodia 108th on digital quality of life index

Cambodia has better internet infrastructure than India but its online security is the lowest in the world, according to a survey by cybersecurity company Surfshark. It ranked the Kingdom 108 out of 110 countries on its Digital Quality of Life (DQL) Index 2021. The study ranks countries’ DQL based on five criteria. Cambodia was 100 […]

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Philippines: BSP backs 12% tax on digital transactions

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) supports a proposal to impose a 12 percent value-added tax (VAT) on all digital transactions. During the European-Philippine Business Summit, BSP Governor Benjamin Diokno said the desire to tax digital transactions is universal for both developed and emerging economies like the Philippines. “So I think there […]

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Thailand: Excise considers carbon tax

The Excise Department is conducting a study on a plan to levy a carbon emission tax on the industrial sector, aiming to promote environmental protection in Thailand, says director-general Lavaron Sangsnit. He said such a tax is in line with the trend of declining excise tax revenue from fossil fuels as more people switch to […]

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