Keyword: "revenue collection"

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Vietnam’s state budget revenue reaches 3.81 billion USD in Quarter 1. (Photo: VNA)

State budget revenue rises 9.7% in Q1

To meet the 2025 revenue target of 411 trillion VND, a 9.6% rise from 2024, the department has instructed regional customs offices to implement measures to boost revenue tailored to local conditions while preventing budget losses.

Thailand endorses budget for 2024

Thailand endorses budget for 2024

The Thai cabinet has approved a budget of 3.35 trillion THB (over 100 billion USD) for the 2024 fiscal year, government spokesman Anucha Burapachaisri has said.

Philippines secures over 8.8 bln USD for COVID-19 response

Philippines secures over 8.8 bln USD for COVID-19 response

The Philippines has so far secured a total of 8.83 billion USD in borrowings, loans and grant assistance for the government's COVID-19 response efforts from its development partners and the commercial markets, China’s Xinhua News Agency reported.
Public debt of Laos predicted to increase amid COVID-19

Public debt of Laos predicted to increase amid COVID-19

The public debt of Laos may increase to as much as 65 to 68 percent of its gross domestic product (GDP) in 2020 following a sharp fall in national revenue collection alongside an increase in loans due to the COVID-19 pandemic, Vientiane Times reported.
Indonesia’s budget deficit predicted to widen to 2.8 percent

Indonesia’s budget deficit predicted to widen to 2.8 percent

Indonesia’s 2020 state budget deficit is likely to further increase to 2.8 percent of the country’s gross domestic product (GDP), much higher than the government’s target, as tax reforms would result in lower revenue collection, according to local economists.
Thailand considers e-commerce taxation

Thailand considers e-commerce taxation

The Revenue Department (RD) of Thailand is considering ways to improve and increase revenue collection from businesses operating in electronic commerce (e-commerce).