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Auto, retail, hospitality and gaming seen as hardest hit sectors in region, Cambodia not spared

Moody’s Investors Service says its negative outlooks for non-financial companies in the Asia-Pacific region are dominated by the auto, retail, hospitality and gaming sectors. In a report released in Hong Kong on Monday, the US rating agency said credit trends in the region would “remain negative” in 2020. “The coronavirus pandemic has massively disrupted global […]

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Brunei: Use online services, minister urges

Several initiatives have been implemented to reduce congestion at Land Transport Department (JPD) counters and its branches, including increasing online service usage, Pay and Collect and the Darussalam hotline 123 over the past two weeks. Minister of Transport and Infocommunications Dato Seri Setia Awang Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji […]

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Thailand: Delay on land and building tax urged

The private sector has proposed the government to put off the new land and buildings tax act for a year, citing the current economic environments are not yet proper to start a collection in August this year as scheduled. Supant Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), after yesterday’s second meeting of the […]

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