TEMPO.CO, Jakarta – The Central Statistics Agency (BPS) chairman Suhariyanto said that foreign tourist arrivals from January to August was recorded at 9.25 million or soared by 25.68 percent compared to the same period last year of 7.36 million. August 2017 saw 1.40 million foreign tourist arrivals, representing a 36.11 percent increase on a year on year […]
Read MoreThe Bank of Thailand is optimistic about the country’s economic outlook, which is supported by strong growth in exports, says central bank governor Veerathai Santiprabhob. “In its latest meeting, the Monetary Policy Committee [MPC] considered different economic indicators and decided to raise the GDP forecast to reflect a clearer recovery of the Thai economy, especially […]
Read MoreMore foreign retailers will be given the chance to set up shop in the Philippines under planned changes to the Foreign Investment Negative List (FINL), a Cabinet official said. Retail trade is one of the industries included in a preliminary list drawn up by the National Economic and Development Authority (NEDA, Socioeconomic Planning Secretary Ernesto […]
Read MoreExports are expected to grow at least 6% this year, better than the 5% predicted earlier, the Thai National Shippers’ Council said on Tuesday, thanks to improved global demand. Exports, a key driver of growth, rose 8.9% between January and August from a year earlier. However, the strength of the baht remains a risk, the […]
Read MoreTrueMoney, one of the newest additions to the string of fintech firms vying for a slice of the mobile money market in Myanmar, is upping its game in the face of rising competition. Its strategy is to meet demand for a service to facilitate international mobile cash transfers by Myanmar residents. “We have a channel that […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) has suspended the services offered by four e-money platforms. BI official says that the products are not licensed. The products are BukaDompet by Bukalapak, TokoCash by Tokopedia, ShopeePay by Shopee, and Paytren by Yusuf Mansyur. BI director of electronification program at the payment system policy and supervision department Pungky Purnomo Wibowo said the action was taken because the four […]
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Thailand
