Cambodia’s double taxation agreements (DTAs) with Malaysia and South Kore is closer to realisation as the government has submitted the DTA draft law with the two countries to the legislative body for approval. According to the government, the DTA draft law with the two countries is primarily designed for the prevention of fiscal income tax […]
Read MoreThe Hanoitimes – The country sticks to the goals of developing the economy, preventing the disease and restoring socio-economic activities in the new normalcy. Vietnam is considering resuming of inbound tourism, targeting source markets that have managed to control the Covid-19 pandemic, said Prime Minister Nguyen Xuan Phuc at the meeting with the National Steering Committee […]
Read MoreMANILA, Philippines — The tourism and travel industries are among the “easy candidates” for the provision of guarantees and equity infusion by the government as part of its economic recovery plan, acting Socioeconomic Planning Secretary Karl Chua said. Interviewed on Bloomberg, Chua said these sectors were among the hardest-hit sections of the economy since the […]
Read MoreThailand’s move to extend its ban on passenger flights for another month to June 30, citing the need to contain the spread of the coronavirus disease, puts another dent in Cambodia’s efforts to kick-start its economy and tourism. According to the Civil Aviation Authority of Thailand, no passenger flights originating outside the country may land […]
Read MoreThe Hanoitimes – A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung. Due to severe impacts of the Covid-19 pandemic on the economy, the Vietnamese government has proposed revising the GDP growth target from the initial 6.8% to […]
Read MoreIndustries with employees totalling nearly one-third of the Thai workforce are unlikely to recover this year, even as partial lockdown measures are eased, according to TMB Analytics. The industries include hotels, restaurants, aviation, entertainment and recreation, auto and auto parts, property, steel, plastic and rubber, and fashion products. These sectors are expected to see a […]
Read More
Thailand
