Imported PPEs lose tax-free perk, but VAT refund claim deadlines extended

Imported PPEs lose tax-free perk, but VAT refund claim deadlines extended

MANILA, Philippines — With the expiration of the Bayanihan to Heal as One Act, importation of personal protective equipment (PPEs) and other medical supplies lost its tax-exempt perk even as the government further extended the deadlines for firms to file their value-added tax (VAT) refunds. In an advisory on Saturday, the Bureau of Customs (BOC) […]
Thai low-cost airline NokScoot shuts down amid losses

Thai low-cost airline NokScoot shuts down amid losses

Flight crew walks past a giant poster of NokScoot office at Don Muang airport in Bangkok, Thailand, Saturday, June 27, 2020. Thailand’s low-cost carrier NokScoot, which is partly owned by Singapore Airlines, said its board of directors decided to liquidate the company...