Indonesian urban consumers are more optimistic than their global peers despite more consumers being impacted financially as a result of the COVID-19 pandemic, a survey has shown. According to the recently launched Global Consumer Insights Survey 2020 by PricewaterhouseCoopers (PwC), 64 percent of Indonesian consumers say that they are going to spend more over the […]
Read MoreThe Hanoitimes – The establishment of this venture in the midst of the Covid-19 pandemic is testament to Vietnam’s exciting growth story, stated the firm’s senior executive. Australia-based LOGOS, a logistics real estate operator, has established its first Vietnam venture with an initial forecast portfolio of around US$350 million by gross asset value, stated the group […]
Read MoreThe government is turning to the power of storytelling to promote the country’s major tourist destinations, which will likely involve help from social media influencers, to revive the sector that has been deeply impacted by the pandemic. President Joko “Jokowi” Widodo, in his annual state address and financial note speech at the House of Representatives […]
Read MoreIndonesia recorded the biggest trade surplus in nine years in July as exports rose for a third consecutive month while demand for imports remained weak amid the pandemic. Exports jumped 14.33 percent month-on-month (mom) in July to US$13.73 billion, continuing the upward trend since May, thanks to rising shipments of agriculture and manufactured goods despite […]
Read MoreMANILA, Philippines — The Bureau of Internal Revenue (BIR) has eased the tax residency rules for foreign employees who are forced to extend their stay in the Philippines due to travel restrictions amid the coronavirus pandemic. BIR Commissioner Caesar Dulay issued BIR Revenue Memorandum Circular 83-2020, dated Aug. 17, addressing the international tax issues related […]
Read MoreBanking and security firms in Thailand are predicted to spend 48.9 billion baht on technology products and services this year, down 1.7% from 2019, says global research and advisory firm Gartner. The drop is in line with the global trend in spending, which is expected to be subdued by the pandemic. In Thailand, the biggest […]
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