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MANILA, Philippines — How would the “new normal” amid the COVID-19 pandemic look like as far as the economy is concerned? For the fiscal sector, it would mean the government…
The substantial progress made in the government’s “digital transformation agenda” has helped prepare the country for the ongoing coronavirus disease pandemic, including the ability to disburse cash assistance to underprivileged…
With a major shift to digital transactions inevitable amid COVID-19-induced physical distancing restrictions, the government will soon launch a branchless bank catering to Filipinos abroad as well as a pilot…
Substantial progress made in the government’s “digital transformation agenda” has helped prepare the country for the ongoing COVID-19 pandemic, including the ability to disburse cash aid to underprivileged beneficiaries through…
Komo, EastWest Bank’s new digital banking arm Gotianun family-led East West Banking Corp. has joined the local digital banking race with the launch of Komo, a fully-digital banking platform operating…
Proposals to tax digital services to plug leaks in unpaid 12 percent VAT by some online businesses has caught the attention of the Department of Finance (DOF) which is now…
MANILA, Philippines — House ways and means committee chair and Albay Rep. Joey Salceda is pushing for taxation on digital services—specifically, subscriptions to video and music streaming apps, ads on…
JAKARTA — Indonesia’s Finance Ministry will start charging 10 percent value-added tax (VAT) on imported digital goods and services, which includes video and music streaming subscriptions, starting from July 1…
BSP Gov. Benjamin Diokno. (File photo by EARVIN PERIAS / Philippine Daily Inquirer) MANILA, Philippines — The central bank on Tuesday waived its fees and charges for financial institutions setting…
A customer scans a QR code to make a payment. Photo baotintuc.vn via Viet Nam News/Asia News Network HANOI — Vietnam wants to raise the digital economy’s contribution to gross…
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