Transforming Thailand into a cashless society requires not only the political will of visionary policymakers, but also a secure electronic system and digital literacy. The country is gradually moving in that direction with an integrated e-payment system and quick response (QR) code payment, but there is still a lot of work to be done. Consumers […]
Read MoreHANOI — The Department for Economic Zones Management (DEZM) of the Ministry of Planning and Investment is in the process of completing the draft Law on Special Administrative-Economic Units, with adjustments being made in terms of local operations, organization, administration and foreign investment incentives and policies. Tran Huy Dong, Director General of the DEZM, said the draft […]
Read MoreMANILA, Philippines — The Philippines is reviving its plan to join the Trans-Pacific Partnership (TPP) even as the mega-trade deal pushes through without the US, the Department of Trade and Industry said. The country recently conveyed its intention to join the TPP to Japan, one of the stronger economies part of the now 11-country pact, […]
Read MoreKUALA LUMPUR: The ringgit was lower against the US dollar early Thursday as the greenback advanced after the US Federal Reserve System (Fed) left its interest rate unchanged at its meeting on Wednesday. At 9am(0100gmt), the local unit was quoted at 4.1965/2005 against the US dollar from 4.1860/1890 Wednesday. Oanda Head of Trading Asia-Pacific, Stephen […]
Read MoreThe government has intensified efforts to improve the business climate in an attempt to promote greater investment and drive growth in the domestic economy. The recently established Central Investment Promotion and Management Committee has been holding regular meetings to discuss issues to better facilitate investment, Deputy Minister of Planning and Investment Dr Kikeo Chanthabouly told […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to leave benchmark rates unchanged but vowed to keep a watchful eye on inflation. BSP Governor Nestor Espenilla Jr. said in a press conference the Monetary Board kept the interest rate on the central bank’s overnight reverse repurchase facility at three percent as well […]
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Thailand
