Impose VAT on digital service providers: Bongbong Marcos
He said that imposing VAT on digital service providers was projected to generate P11.7 billion in income for the government.
Business
Management of GLC-owned shopping malls to be reviewed: Malaysia PM
He said this was aimed at raising Bumiputera's socio-economic status and the involvement of Bumiputera entrepreneurs at shopping malls.
China’s tourism sector eyes steady recovery amid pandemic
After a travel lull since March due to Covid-19 cases, northwest China's Xinjiang Uygur autonomous region is experiencing a surge in tourism.
China’s supermarkets see stable growth in online sales in 2021
In 2021, online sales of the country's top-100 supermarkets amounted to nearly 100 billion yuan, up 40 per cent year on year.
China’s mobile phone shipments rise 9.2% in June
Domestic brands continued to dominate China’s mobile phone market in June, with shipments accounting for 87.5 per cent of last month's total.
Cambodia attracts $1.29 billion investment from China in first half of 2022
Other foreign investments in the kingdom for the first half of this year were from Thailand, Samoa, British Virgin Islands, South Korea, Singapore, Cayman Islands, Malaysia, Japan…
P50-million market racket uncovered in Baguio
The police on filed malversation complaints against five employees of the City Treasurer’s Office after they allegedly pocketed most of the “arrival fees” paid each day by…
China to fine ride-hailing giant Didi more than $1 billion: Reports
The fine – imposed over Didi's cybersecurity practices – would amount to more than four per cent of its $27.3 billion total revenue last year, according to a report.
Digital RMB application continues to expand in China
Compared with physical currencies, digital renminbi has the characteristics of lower cost, higher payment efficiency, wider application scenarios, higher anti-fake levels and is…
Chinese regulator stresses banks’ role in delivery of presold homes
As of mid-July, homebuyers in about 150 property projects across multiple cities refused to make mortgage payments due to delayed delivery of their presold homes.