Company executives want the government to help flood-hit entrepreneurs with a corporate income tax reduction, according to a Federation of Thai Industries (FTI) survey of its members. Most of the 176 executives surveyed in the latest FTI poll, some 67.6%, want authorities to allow affected business operators to reduce their tax burden by offsetting the money […]
Read MoreFacebook parent Meta has joined forces with the Tourism Authority of Thailand (TAT) to introduce “Rediscover Thailand”, which features augmented reality (AR) experiences for the country’s tourist attractions. According to Meta, Thailand is one of the top 10 countries in terms of number of active Meta Spark AR creators. “The metaverse is the next evolution of […]
Read MoreThe personal loan market improved significantly in the third quarter of 2022, according to the Consumer Credit Index of the Credit Bureau Cambodia (CBC). In the third quarter, the number of consumer credit applications increased marginally from the second quarter, according to the latest report. The number of consumer credit applications, which shows that consumers […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas is preparing another supersized rate hike in its next meeting to match the US Federal Reserve’s latest tightening action. BSP Governor Felipe Medalla said in a statement Thursday that the central bank would hike rates by 75 basis points after the Monetary Board meets on November 17. This would match […]
Read MoreThailand’s digital GDP reached 2 trillion baht in 2021 after posting year-on-year growth of 14.1%, according to a study by the Office of the National Digital Economy and Society Commission (ONDE). The increase was attributed to Covid-19 infections easing and a partial economic recovery, supported by the return of the production of digital products and services, […]
Read MoreThe Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. Penn Sovicheat, under-secretary of state at the Ministry of Commerce, said that the more bilateral FTAs, the wider markets Cambodia can export products to. “When we […]
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