BNPL in Thailand is moving under a licensing regime. The proposed rules include a THB 20,000 credit limit, a six-month repayment cap and a 15% interest rate ceiling.
The Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy law is proving successful in drawing investments, with Japanese companies pledging PHP23.5 billion in new projects.
OceanaGold Philippines Inc. has remitted PHP397.8 million in local business taxes to Kasibu, Nagtipunan, and Cabarroguis in Nueva Vizcaya and Quirino, respectively, to support local government initiatives.