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Yonhap via The Korea Herald/Asia News Network SEJONG — South Korea on Wednesday proposed another extra budget plan worth 35.3 trillion won ($29 billion) that will help key industries cushion…
The Nation/Asia News Network BANGKOK — The Thai Cabinet will soon sign a contract with BBS Joint Venture, which won the bid for the construction of U-Tapao Airport and the…
Employers and workers in essential businesses that closed shop during the lockdown are now suddenly required to pay their rent much sooner than everyone else, revised guidelines from the Department…
Government borrowings to finance COVID-19 response have driven debts through the roof, pushing total to a new high of P8.6 trillion in April alone. At least two-thirds of the debts…
A group of economists and professors from three of the country’s biggest universities expressed opposition to the current version of the proposed Corporate Recovery and Tax Incentives for Enterprises (Create)…
Simply lowering corporate income tax might prompt companies to just survive the COVID-19 pandemic, without any assurance that the tax cut would get them to either keep or hire more…
Despite more funds needed to continue responding to the COVID-19 crisis, the Philippines can afford to widen its budget deficit to only up to 9 percent of gross domestic product…
The Nation/Asia News Network BANGKOK — Thailand’s Cabinet has approved a 90 percent reduction in land and building taxes for the year 2020 and a two-month postponement in the deadline…
The government is being urged to make a dramatic shift in modernizing public transportation to include overhauling the decades-old system of how operators make money, which could result in better…
Eagle Cement conducts food relief operations Ang family-led Eagle Cement Corp. has provided food support to 18,000 families in its host communities in Bulacan and Cebu which have been displaced…
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