KUALA LUMPUR: S&P Global Ratings expects that Malaysia’s objective to escape the middle income trap will continue to be a challenge while credit risk is high because of the country’s high private-sector credit level relative to income. In its banking industry country risk assessment issued on Monday, it classified the banking sector of Malaysia in […]
Read MoreECONOMISTS expect inflation to settle at 3.1 percent this year, slightly lower than the Bangko Sentral ng Pilipinas’ (BSP) full-year estimate of 3.2 percent. “Analysts noted possible upside risks to inflation such as volatile global oil prices, weaker peso, initial implementation of the comprehensive tax reform program, government spending on infrastructure, rise in utility rates, […]
Read MoreTEMPO.CO, Jakarta – The Financial Service Authority’s (OJK) Investment Task Force shut down 14 fund-collecting organizations in October. They are under suspicion of frauds or for operating without licenses. “They are operating without a license or are offering products that may hurt investors’ finances, because the return rate they promise is ridiculous,” the task force’s chief Tongam […]
Read MoreAs Amazon.com pushes into Southeast Asia with a new venture in Singapore, the US-based online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago. Delivery delays also marred Amazon’s debut in July, when on-the-ground operations began with Prime Now two-hour deliveries. When […]
Read MoreAlthough traditionally overshadowed by its larger and more developed neighbours, Cambodia is determined to increase foreign investment in its rapidly growing economy. Despite concerns about possible political turbulence over the next year, strong economic indicators and government incentives make the country an attractive prospect for foreign investors. Speaking at the Bangkok Overseas Investment seminar last […]
Read MoreTEMPO.CO, Solo – The ratio of entrepreneurship in Indonesia currently reaches 3.01 percent,Cooperatives and Small and Medium Enterprises (UKM) Minister Anak Agung Gede Ngurah Puspayoga stated in Solo. “The figure of the ratio is higher compared to that of 2014 or before President is in office, which was 1.55 percent,” he said in di Solo on Saturday (22/10). He added that the realization of entrepreneurship ratio […]
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Thailand
