MANILA – The Philippines and Brunei Darussalam signed an agreement in a bid to eliminate double taxation and prevent fiscal evasion on taxes involving income from cross-border transactions, the Finance department said Friday. The Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect To Taxes on Income (double taxation […]
Read MoreKUALA LUMPUR: A survey by the Malaysia Retail Chain Association (MRCA) on the impact of current restrictions has shown that 91 per cent of retail businesses reported a decline in sales for the period of January to June 2021. Its president Shirley Tay said the survey was conducted in June among its 450 association members […]
Read MoreLICENSED F&B outlets, gyms, fitness studios, performing arts organisations and arts education centres will receive extended wage support from July 26 to August 8, in view of tightened safe management measures announced by the multi-ministry task force on Covid-19 on Friday. These affected sectors are eligible for wage support of 10 per cent under the […]
Read MoreThe increasing presence of foreign giants has put great pressure on domestic retailers. Philippe Broianigo, CEO of Central Retail in Vietnam, recently stated that in the next five years, the group will invest about 35 billion baht (US$1.1 billion) to expand business in 55 provinces and cities of Vietnam. This year the Thai retail giant […]
Read MoreMANILA, Philippines — The country’s move to streamline trade procedures earned it a huge boost in global trade facilitation despite challenges due to the pandemic. Based on the latest Global Survey on Digital and Sustainable Trade Facilitation of the United Nations, the Philippines scored 86.02 percent this year, up from 80.65 percent in 2019. The […]
Read MoreCambodia exported nearly $1.9 billion worth of non-garment products to foreign markets in the first six months of 2021. The figure shows an increase of US$632.5 million or some 50 percent compared to the same period last year, pointed out a press release of the General Department of Customs and Excise at the Ministry of […]
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Thailand
