SINGAPORE – The ongoing implementation of cashless payment systems across Singapore could lift local bank profits by up to 9 per cent over the next two years, according to Maybank Kim Eng Research. Its analyst Ng Li Hiang said in a research report on Tuesday (Sept 19) that the higher adoption of cashless payments would […]
Read MoreMyanmar’s financial sector must progress towards becoming more inclusive of small and medium enterprises (SMEs), which form the backbone of the country’s economy, but face difficulties obtaining access to funds for expansion and growth. “We need to liberalise the financial sector to encourage start-ups and support SMEs. This involves integrating the full-range of financial services […]
Read MoreHANOI — Financial leasing institutions are the lastest solution to resolve capital shortages of local businesses, especially small- and medium-sized enterprises (SMEs). Financial leasing has been a popular channel to mobilise capital globally, with total revenue of up to US$1 trillion per year. Financial leasing is a credit activity in the mid-and-long-term through the leasing […]
Read MoreTHE Singapore International Mediation Centre (SIMC) and the Mediation Center of the China Council for the Promotion of International Trade/China Chamber of International Commerce (CCPIT/CCOIC Mediation Center) on Tuesday signed a Memorandum of Understanding (MOU) to support businesses and provide assistance to them to resolve disputes that may arise in cross-border commercial transactions under China’s […]
Read MoreMANILA, Philippines — The national government borrowed P519.97 billion from both domestic and foreign lenders in the first seven months, a sharp 55.7 percent from P334.03 billion in the same period last year, data from the Bureau of the Treasury (BTr) showed. For July, however, the government’s gross borrowings declined 52.4 percent to P14.21 billion […]
Read MoreA total of 3.13 million international tourists visited the country in August, an 8.66% increase from the same month last year, said Pongpanu Svetarundra, Permanent Secretary of Ministry of Tourism and Sports. Most visitors came from East Asia, Europe, South Asia, the Middle East, the Americas, Oceania and Africa – in that order – with […]
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Thailand
