The Cabinet on Tuesday approved value-added tax (VAT) exemption and personal income tax deduction on cryptocurrencies and digital token trading. The draft royal decree on VAT exemption, which covers the trade of cryptocurrencies or digital tokens in digital asset exchanges and digital currencies issued by the Bank of Thailand (BOT), will come into effect from […]
Read MoreThe government has two choices to cope with the upsurge in global oil prices — borrow more money to continue price subsidies or let local oil prices spike — as the global price could soar to US$150 a barrel amid the Russia-Ukraine war. “Authorities may have to let retail oil prices increase to better reflect […]
Read MoreKUALA LUMPUR: Malaysia attracted a record amount of approved investments of RM306.5bil for the manufacturing, services and primary sectors in 2021, the highest since 2006. In a statement, the Malaysian Investment Development Authority (MIDA) recorded an 83% jump in approved investment in 2021 from RM167.4bil recorded in 2020. It said the manufacturing sector continued to […]
Read MoreLooking ahead, if oil price persistently hovers at a high level of above US$100 per barrel and essential commodity prices increase, the government will likely conduct price intervention, provide subsidies and social assistance… Jakarta (ANTARA) – The state budget deficit will potentially widen in 2022 due to the Russia-Ukraine conflict, Institute for Development of Economics and Finance (Indef) […]
Read MoreThe TK Group will continue to develop an internationally recognised online shopping platform through the launch of the “YesPls” application in order to promote e-commerce and to enable the growth of SMEs in the era of digitalisation. The ceremony for the official launch of the YesPls application was held at Lao-ITECC in Vientiane last Friday. […]
Read MoreSINGAPORE’S unemployment rates declined to pre-pandemic levels in January, according to the latest statistics released by the Ministry of Manpower on Tuesday (Mar 8). The overall unemployment rate declined to 2.3 per cent, from 2.4 per cent the month before. Resident unemployment fell to 3.1 per cent from 3.2 per cent previously, while citizen unemployment […]
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