E-commerce platforms must be electronically connected with tax management agencies from the beginning of next year, not from next month, as the tax watchdog aims to better collect taxes from sellers operating on the platforms. The deadline delay was part of a roadmap recently issued by the General Department of Taxation to implement Circular No […]
Read MoreMANILA, Philippines — IKEA Philippines, the Swedish furniture and homewares chain, will open in the fourth quarter of the year. It is now in full preparation for the opening of the first IKEA store in the country. In a recent press conference, IKEA Philippines store manager Georg Platzer said the opening would be made via […]
Read MoreCertain goods are now allowed to be cleared through customs prior to the completion of the applicable forms, which must be submitted no later than 90 days after receiving the merchandise or registration for customs declaration, whichever occurs first. This is according to a directive issued by the Ministry of Economy and Finance’s General Department […]
Read MoreThe baht opened at 32.16 to the US dollar on Monday, strengthening from Friday’s closing rate of 32.19. The Thai currency is likely to move between 32.10 and 32.25 during the day and between 32 and 32.50 this week, Krungthai Bank market strategist Poon Panichpibool said. He said the main factors behind the baht’s weakening […]
Read MoreThe Mall Group Co, the operator of The Mall, Emporium, Paragon and EmQuartier shopping complex, is beefing up online shopping services for Gourmet Market in a move to respond to a lower number of people going out to shop amid the increasing number of Covid-19 infections. Voralak Tulaphorn, the company’s chief marketing officer, said the […]
Read MoreVietnam plans to organize a digital investment conference in Q3 this year, promoting investment into industrial parks or economic zones online. Vietnam is pushing hard to reform the existing legal framework to better mobilize resources and create new motivation for growth. Counselor Nguyen Manh Hai, head of Investment Section of Vietnam’s Embassy in Germany, gave […]
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