Driven by some peculiar dynamics, demand for imported cars has grown in Turkey despite the coronavirus pandemic, leading Ankara to hike taxes to suppress a trend that has worsened the country’s ... ( read original story ...)
Philippines reports increase in online business registrations
The Philippines' Department of Trade and Industry (DTI) said on Tuesday that the online business registration in the Philippines saw significant increases as more companies started to do business on ... ( read original story ...)
Online business registrations surge from January to August
The total number of businesses registered with the Department of Trade and Industry went up by 12 percent in eight months this year as a growing number of firms resorted to online submissions. ( read original story ...)
Fitch: Philippines to shrink by 8% this year
Global rating agency Fitch Ratings expects the Philippines to suffer a deeper economic contraction of eight percent this year, and noted a continued erosion of the country’s fiscal buffers amid the ... ( read original story ...)
Indonesia adds Twitter, Zoom to tech companies that must pay 10% VAT
Indonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom , to a list of internet-based businesses that must pay a 10% value-added tax on sales ... ( read original story ...)
India’s 2020 Auto Sales Expected to Decline by 30%: Moody’s
According to it, auto unit sales will decline at least 30 per cent in 2020, following a decline of over 40 per cent in the seven months through July. ( read original story ...)
Piaggio India enters scooter leasing business
Piaggio India has entered into the scooter leasing business by partnering with OTO Capital. The partnership brings vehicle leasing option for 'Vespa' and 'Aprilia' range of scooters in Pune and ... ( read original story ...)
South China Sea: China’s defence minister heads to Brunei, Philippines after visits to Malaysia and Indonesia
Sources said Wei Fenghe would head to two more Southeast Asian countries in trips that come as Asean meetings – to be attended by US Security of State Mike Pompeo – begin on Wednesday. ( read original story ...)
Visitors arrive from New Zealand, Brunei as Singapore opens its borders to those countries
The first 14 visitors from New Zealand and Bruneitouched down in Changi Airport on Tuesday (Sept 8) following Singapore's unilateral reopening of its borders to the two countries.. Read more at ... ( read original story ...)
Brunei forest cover helps absorb GHG emissions; no Covid-19 cases reported
Although Brunei Darussalam is not a significant contributor to the global greenhouse gas (GHG) emissions, the nation is still experiencing the adverse impact of climate change from GHG emissions. ( read original story ...)