KUALA LUMPUR, Dec 8: Grab, Malaysia and Southeast Asia’s leading e-hailing service, has received e-money licence for payments services from Bank Negara Malaysia (BNM). GrabPay Managing Director Jason Thompson said that with the licence, it can now link the service to stores and restaurants so that customers can benefit from the cashless service. “GrabPay is built […]
Read MoreThe baht is tipped to continue its gradual appreciation next year, driven by improved economic growth prospects among Asian economies and the normalisation of the US Federal Reserve’s monetary policy, says the Bank of Ayudhya (BAY). Since Asean economies have positive growth prospects for 2018, this will attract international trade, foreign direct investment and inbound […]
Read MoreThe Hanoitimes – With revenue up to trillion VND and continuously expanding business operation, FDI enterprises still reported loss and contributed modestly to the state budget. These are situations happening at many Foreign Direct Investment (FDI) enterprises in Vietnam. Despite the Ministry of Finance has inspected and retrieved a huge amount for state budget, however, the […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) expects inflation to remain manageable in the coming months given the solid macroeconomic fundamentals of the country, its chief economist said yesterday. In a statement, Finance Undersecretary Gil Beltran said inflation currently remains at a comfortable level, with the consumer price index growing an average 3.13 percent […]
Read MoreThe government cabinet has ordered authorities in charge to speed up streamlining procedures to ease business operations and improve the investment climate. The cabinet issued the instruction at its two-day monthly meeting for November that ended yesterday in Vientiane. Chaired by Prime Minister Thongloun Sisoulith, the cabinet meeting told the authorities to accelerate revising a […]
Read MoreThe coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts as well as restaurants, street stalls and shops on the […]
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Thailand
