Southeast Asia

Philippines levies 12% VAT tax on digital services by Amazon, Netflix and Disney
Chesnot | Getty Images News | Getty Images The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with domestic brick and mortar players, the internal revenue agency said on Thursday. President Ferdinand Marcos Jr signed into law on Wednesday the imposition of VAT on non-resident digital service providers […]
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U.S. keeps missile system in Philippines as China tensions rise, tests wartime deployment
U.S. and Philippine troops fire a High Mobility Artillery Rocket System during live fire exercises as part of US-Philippines army-to-army joint drills on March 31, 2023 in Laur, Nueva Ecija, Philippines. Ezra Acayan | Getty Images News | Getty Images The United States has no immediate plans to withdraw a mid-range missile system deployed in the Philippines, despite Chinese […]
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Vietnam’s VinFast seems to little EV, priced at a lot less than $10,000, to alter its fortunes
The Vinfast VF6 all-electric car is on show at the 2022 Los Angeles Vehicle Show on Nov. 18, 2022 in Los Angeles, California. Josh Lefkowitz | Getty Photos Information | Getty Illustrations or photos Vietnamese automaker VinFast, for a small time the third-most precious automobile enterprise in the earth, has a significant problem: It just […]
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UOB reports to start with-quarter profit fell significantly less than expected, maintains 2024 progress outlook
Singapore’s United Abroad Bank, or UOB, reported a lesser-than-envisioned decrease in very first quarter web profit on Wednesday, squeezed by web fascination margins, and managed its outlook for profits progress in 2024. Nurphoto | Nurphoto | Getty Illustrations or photos Singapore’s United Abroad Lender reported a lesser-than-expected decline in initial-quarter internet earnings on Wednesday, squeezed by […]
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Eco-helpful data facilities help drive $6.3 billion of green expense in Southeast Asia, but report displays a lot more essential
Conceptual picture of inexperienced server space. Imaginima | Istock | Getty Pictures Southeast Asia noticed a major uptick in environmentally friendly investments in 2023, with a boost from inexperienced details center jobs, even though funding remains insufficient, in accordance to a report introduced Monday. The examination, carried out by Bain & Business, GenZero, Standard Chartered […]
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This little Southeast Asian nation has ɾngineered' a culture that life to 100 – in this article's how
This Asian state has just one of the longest-lived populations in the planet. Koh Sze Kiat | E+ | Getty Illustrations or photos Singapore is the world’s latest “blue zone” — described as a position in which people dwell for a longer period and much healthier lives. “Singapore has … the best wellness-modified existence expectancy […]
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Indonesia's Protection Minister Prabowo qualified prospects in early unofficial presidential vote depend
Indonesia’s presidential applicant Prabowo Subianto gestures following he cast his ballot to vote in the country’s presidential and legislative elections at a polling station in Bogor on February 14, 2024. Indonesians began voting for a new president on February 14 with Defence Minister Prabowo Subianto the frontrunner to lead Southeast Asia’s largest economic system inspite […]
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Millions in Indonesia head to the polls to elect Jokowi's presidential successor
Presidential prospect and former Jakarta governor Anies Baswedan, vice presidential candidate Muhaimin Iskandar, presidential candidate and Indonesia’s Defence Minister Prabowo Subianto, vice presidential applicant Gibran Rakabuming Raka, presidential applicant and former Central Java governor Ganjar Pranowo and vice presidential candidate Mahfud MD (from still left to appropriate) respond on the stage through the final presidential […]
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Indonesians head to the polls in February. Listed here are vital concerns dominating the elections
Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, alongside with their vice presidential candidates, are posing for pics after the to start with presidential applicant discussion at the Common Election Commission (KPU) business in Jakarta, Indonesia, on December 12, 2023. Indonesia is planning to hold basic elections for president and vice president for the […]
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