The tight supply of qualified candidates in the labour market is a glaring issue facing e-commerce firms, according to insiders. Le Mai Anh, Vice Chairman of the e-commerce solution provider Smart OSC, said that his firm has 1,000 employees on the payroll and it needs about 500 new ones every year. The firm has relied […]
Read MoreThe Finance Ministry is considering the introduction of a two-tier value-added tax (VAT) rate that could generate additional revenue of more than 100 billion baht, says a ministry source who requested anonymity. The source said the Fiscal Policy Office studied the two-tier VAT system a long time ago. The system uses the current VAT rate of […]
Read MoreDC: An International Monetary Fund (IMF) team led by Alasdair Scott held meetings with the Cambodia authorities for the 2022 Article IV consultation [1] during September 7-20, 2022. At the end of the mission, Scott said that “The Cambodian economy has been recovering, but faces new challenges. “GDP growth rebounded in the second half of […]
Read MoreMANILA, Philippines — DBS Bank Ltd. of Singapore sees the Bangko Sentral ng Pilipinas (BSP) raising interest rates by at least 75 basis points more this year as it continues to combat rising inflation. In a commentary titled “Philippines: Firm on Fighting Inflation,” DBS economist Chua Han Teng said the Monetary Board would likely hike key […]
Read MoreThe branded residence market is gaining a stronger foothold in the Vietnamese market with potential to further develop, shaping the lifestyle of the country’s elite, according to experts. Duong Thuy Dung, Senior Director of CBRE Vietnam, noted that the first branded residence projects were developed 20 years ago in association with hotel management brands and motivated […]
Read MoreEconomists forecast the value of the baht could plunge to 38 to the US dollar this year, mainly attributed to a stronger dollar as the Federal Reserve pursues a hawkish monetary policy. Kobsidthi Silpachai, head of capital markets research at Kasikornbank (KBank), predicts the baht will depreciate to a range of 36.50-38 against the greenback […]
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Thailand
