MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is urging Information Technology-Business Process Outsourcing (IT-BPO) companies registered with the investments promotion agency to comply with the order of the Fiscal Incentives Review Board (FIRB) to return to onsite work starting April 1 to avoid penalties. In a statement, PEZA director general Charito Plaza appealed […]
Read MoreThe Finance Ministry expects to postpone the plan to slap a financial transaction tax on individual stock investors for a certain period because of unfavourable economic conditions, says permanent secretary Krisada Chinavicharana. He said while the ministry stands ready to impose the tax, Thailand is struggling with the double whammy of the prolonged pandemic and […]
Read MoreIn six weeks, the nation will elect a new president. The next leader will have the opportunity to guide the nation’s future economic and social directions. We do not know who the next leader will be. Though there is a strong frontrunner based on the surveys, the voters’ pick will be decided on election day, […]
Read MoreThe government plans to sell up to 265 billion baht ($7.86 billion) of government bonds in the April-June period as part of debt management plans, according to the Finance Ministry. The baht-denominated bonds will be sold domestically. Source: https://www.bangkokpost.com/business/2287002/thailand-plans-to-sell-up-to-b265-govt-bonds-in-april-june
Read More[HANOI] Vietnam’s gross domestic product grew 5.03 per cent in the first quarter from a year earlier, official data showed on Tuesday (Mar 29), as the South-east Asian country reopened more parts of its economy after relaxing coronavirus restrictions. The pace of economic growth beat the 4.72 per cent recorded in the first quarter last […]
Read MoreKUALA LUMPUR: The Producer Price Index (PPI) local production, which measures the costs of goods at factory gate posted an increase of 9.7% in February 2022 as opposed to a 9.2% increase registered in January 2022. The increase recorded in February 2022 was led by higher prices of primary commodities, according to the Statistics Department. […]
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