Cambodia’s hopes of being a member of the world’s biggest free trade bloc as early as Jan 1 may be frustrated by some signatories of the Regional Comprehensive Economic Partnership (RCEP) dragging their heels over ratification. RCEP is the result of eight years of talks. It would create a free-trade bloc covering 30 percent of […]
Read MoreThe Bank of Thailand (BOT) on Monday warned people to be careful when investing in digital currency as they may be at risk of revealing their personal information and unwittingly have a hand in money laundering. BOT governor Sethaput Suthiwartnarueput made this remark at “The Future of Financial System”, a second episode of the Thailand […]
Read MoreMANILA, Philippines — The taxman will investigate 250 high-earning social media “influencers” to check whether they have been paying their taxes, as the government looks to cash in on the exponential growth of the digital economy amid the pandemic. Letters of authority (LOA) for the conduct of a probe have been sent to social media […]
Read MoreThe Ministry of Economy and Finance has issued a prakas introducing new rules and procedures governing value-added tax (VAT) on goods and services provided via e-commerce. The new legislation, dated September 8, primarily targets e-commerce transactions between Cambodian taxpaying consumers and sellers active in Cambodian territory who are non-residents and do not have permanent establishment […]
Read MorePublic Health Minister Anutin Charnvirakul on Thursday insisted that the plan to reopen five provinces including Bangkok on October 1 has been properly assessed and is not premature. Bangkok, Chiang Mai, Chon Buri, Phetchaburi, and Prachuap Khiri Khan are slated to reopen on October 1 with more provinces to follow two weeks later. Anutin acknowledged […]
Read MoreThailand’s national trade strategy for 2022 to 2027 should focus on upgrading existing export products and services in alignment with modern technology. The government needs to improve the business environment by reducing market dominance and regulations to facilitate ease of doing business for small and new operators, according to the latest study by Thammasat University’s […]
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