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Vietnam: Gov’t continues delaying tax payment

This move may result in a more than US$5 billion reduction in the State’s budget collection in 2021. The Vietnamese government will this year continue to extend deadline for payment of value added tax, corporate income tax, personal income tax and land rental fees. This will be the third time that the government supports businesses […]

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Philippines considering euro bond sales

The Philippine government might return to the international bond market as it eyes an offering of euro bonds. “The Republic of the Philippines, rated Baa2 (stable) by Moody’s, BBB+ (stable) by S&P, and BBB (stable) by Fitch, has appointed BNP PARIBAS, Credit Suisse, Goldman Sachs, J.P. Morgan, Nomura, and Standard Chartered Bank as Joint Lead […]

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Thailand: Tourism revival in doubt again

Most of Thailand’s famous holiday destinations were nearly empty last week during the long Songkran holiday. The latest Covid-19 wave — with daily infections climbing all week and hitting a record 1,582 on Friday — scared tourists away from popular beach resorts close to Bangkok such as Pattaya, Cha-am and Hua Hin, which has also […]

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