Facebook link thumbnail image template
Read More

Laos Taxes Foreign Tech Firms

The Ministry of Finance in Laos has issued a notice requiring foreign e-commerce and tech platforms to register for Value Added Tax (VAT) in the country. The move comes as a number of countries in Southeast Asia enjoy the benefits of taxing tech giants that make earnings in their territory. Laos has quietly begun taxing non-resident e-commerce companies […]

Read More
phil05
Read More

Philippines: DOF sees no need for wage hike

MANILA, Philippines — The Department of Finance (DOF) expects job creation and wage offers to improve moving forward, as the passage of amendments to economic laws are seen enticing new investors into the Philippines. In an economic bulletin, DOF chief economist Gil Beltran said the changes made to the Foreign Investments Act (FIA), Retail Trade […]

Read More
malay01
Read More

Moody’s pegs Malaysia’s 2022 GDP growth at 6%

PETALING JAYA: Malaysia’s economic growth this year is expected to come in at 6%, driven by the opening of borders supporting tourism-related services, high vaccination rate and the government’s comfort with the transition of Covid-19 to endemic status that are combining to support recovery, according to Moody’s Investor Services. “Over time, we expect this will support […]

Read More