MANILA, Philippines — The government is now all set to implement the value-added tax exemption on sale of medicines for diabetes, high cholesterol and hypertension starting January 1 now that the list of VAT-free drugs is out. The removal of 12 percent VAT on prescription drugs used to treat cardiovascular diseases and diabetes was mandated by the Tax […]
Read MoreFestive spending is expected to increase this year from 2017, with a decline in oil prices helping raise the purchasing power of Thais during the New Year season, according to a university survey. Thanavath Phonvichai, vice-president for research at the University of the Thai Chamber of Commerce (UTCC), said Thais’ spending is forecast to grow 2.5% […]
Read MoreMANILA, Philippines — Some investment banks see the peso rebounding strongly over the next two years as higher interest rates and easing inflation would help attract foreign inflows and support the local currency. In its Asia economic outlook, ANZ Research said the peso would recover to 52 to $1 in 2019 and further to 50.80 […]
Read MoreThe Hanoitimes – A 10-year high GDP growth rate, the country’s largest cryptocurrency scam, the controversial special economic zone bill are outstanding pieces of the overall picture of Vietnam’s economy in 2018. Vietnam’s economy has been growing strongly in 2018 and laying solid foundation for the country to fulfill all targets set for the 2016 – […]
Read MoreThe Ministry of Land Management earned nearly $98 million (390 billion riel) in 2018, an increase of 6.5 percent over last year. According to a report presented during the ministry’s annual meeting, held on Monday at Sokha Phnom Penh Hotel, revenue from cadastral administration was $11.4 million, while the ministry earned $1.7 million from land […]
Read MoreThe West Nusa Tenggara (NTB) provincial administration has launched its digital payment service called SAMSAT Delivery to allow people to pay annual tax for their vehicles through their smartphones. “This innovative program is for the first time available in Indonesia. We hope this will increase the rate of vehicle tax payment,” NTB Police chief Insp. […]
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Thailand
