The Ministry of Finance has proposed that the Government reduce corporate income tax by 30% for small and micro enterprises in 2020 to help them overcome difficulties caused by the Covid-19 pandemic. Data collected by the ministry show that small and micro enterprises accounted for 93% of 760,000 businesses operating in Vietnam as of late […]
Read MoreThe Land Law disallows the issuance of land use rights certificates to aliens, Minister of Natural Resources and Environment Tran Hong Ha told reporters on the sidelines of the National Assembly session on May 25. In response to the Ministry of National Defense’s concern over the large number of prime land lots in Danang City […]
Read MoreSingapore’s economy is facing its worst contraction since independence more than a half-century ago as the coronavirus outbreak and measures to contain it pummel the trade-reliant city state. The government expects gross domestic product to shrink 4% to 7% this year, down from a previous forecast of a 1%-4% contraction, as the outlook for external […]
Read MoreMANILA, Philippines — The Securities and Exchange Commission (SEC) will reopen today to address business applications after closing its offices in mid-March as a result of the Luzon-wide enhanced community quarantine. Specifically, the SEC would cater to company registration and monitoring applications that have already been assessed and approved through online processing. Starting today, the […]
Read MoreThe Hanoitimes – A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares. While the Covid-19 pandemic is causing a demand shock for export-reliant countries, including Vietnam, Vietnamese enterprises are turning to the domestic market of close to 100 million people to overcome this […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) has lauded the top 500 corporations that have settled their 2019 income taxes as of May 19, about one month ahead of the extended deadline set by the Bureau of Internal Revenue (BIR). In a statement, Finance Secretary Carlos Dominguez said the taxpayers “deserve recognition” as the […]
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Thailand
