Thailand’s Board of Investment issued its latest stimulus package to accelerate foreign investments in the country. The latest package provides corporate income tax (CIT) deductions for selected BOI-approved investments as well as CIT exemptions for businesses seeking to adopt digital technology. Businesses can apply between January 4, 2021, to December 30, 2021, for the CIT…
The Bureau of the Treasury will sell P140 billion in government securities in the domestic debt market next month, including bonds with longer tenors, amid a low-interest rate environment. In a Jan. 26 memorandum to all government securities eligible dealers (GSEDs), National Treasurer Rosalia V. de Leon said the Treasury would offer P20 billion in…
Amid a global recession and international border closures at the height of the COVID-19 pandemic, the Philippines’ external trade in goods fell by 18.2 percent to $149.37 billion in 2020. The latest preliminary Philippine Statistics Authority data released on Wednesday showed total trade with the rest of the world last year slipped from $182.52 billion…