Thailand on Tuesday approved a draft bill requiring foreign digital service providers to pay a value-added tax (VAT), becoming the latest country in Southeast Asia to seek to boost tax revenues from …
S&P Cuts Japan’s Debt Outlook as Spending Surges During Pandemic
S&P Global Ratings on Tuesday lowered its outlook on Japan’s sovereign debt rating to stable from positive, citing increased uncertainty over the country’s fiscal health as it boosts spending to …
Japan May machine tool orders down 52.8% y/y – industry association
Japan’s machine tool orders in May were down 52.8% compared with a year earlier, a preliminary estimate from the Japan Machine Tool Builders’ Association showed on Tuesday. Compared with a month …
Bangladesh parliament to convene Wednesday for budget session
The parliament will go into session on Wednesday for the national budget for fiscal year 2020-21 as Bangladesh grapples with a worsening coronavirus epidemic.
Foreign Minister: Bangladesh to be voice of climate vulnerable countries
Bangladesh also requested all to contribute by providing technical and financial support to carry out the priority works ahead, reports UNB. “Under the leadership of Prime Minister Sheikh Hasina, …
Bangladesh Steel Manufacturers Association Place 8 Point Demand ahead of National Budget
Bangladesh Steel Manufacturers Association has recently placed 8-point list of demands, including extension of bank loan repayment date by 6 months, for which they wouldn’t like to see the central …
Indonesia’s GDP to stagnate as global economy sees worst recession in 80 years: World Bank
The country’s economy is projected to rebound sharply and record 4.8 percent growth in 2021, although still lower than the World Bank’s earlier projection in January.
Bringing society together is the ‘critical issue’ facing Singapore beyond elections: Heng Swee Keat
Bringing society together to cope with a period of massive change is the “really critical issue” facing Singapore beyond the upcoming …
Jordan- ‘Hard-hit’ clothing, footwear sector appeals to gov’t to address financial challenges
Clothing and footwear merchants on Sunday urged the government to adopt swift measures to boost the sector, which was hit hard by the COVID-19 crisis.According to Jordan’s Textile and Readymade …
From retail to finance, Vietnam all set to rebound with poise
Vietnam’s early efforts to weather the COVID-19 storm have helped its economy to reopen much sooner than others, with many sectors that have suffered badly from the outbreak – from retail to finance …