MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may pause from its tightening episode and even start cutting its interest rates next year as a result of the easing of inflationary pressures, according to economists. ANZ Research said the moderation in inflation to below market estimates at six percent in November from a near 10-year high of 6.7 percent […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent on Wednesday due to expectations of rising inventories in Malaysia and a change in Indonesia’s export levy rules. Indonesia relaxed rules on palm oil levies and derivative products effective immediately following a drop in prices, the country’s finance ministry said on Wednesday. It will not collect levies from palm […]
Read MoreThe allure of digital asset investment has returned to the attention of investors with legislation that would regulate digital asset trading and transactions in Thailand. But there seems to be confusion over the definition and essence of each digital asset class, as many have grouped cryptocurrencies and digital tokens into the same category. “Most people […]
Read MoreThe Myanmar banking sector has improved since regulations aimed at strengthening the system were imposed over the past two years, U Soe Thein, vice governor of the Central Bank of Myanmar (CBM), told the media late last month. “The Financial Institutions Law was enacted in 2016 and new rules were released again in 2017. At […]
Read MoreConsumers in the land of smiles may have the most voracious online shopping habits in Southeast Asia but a higher percentage of Vietnamese are tossing items into online carts. According to the Economist Intelligence Unit (EIU)’s Inclusive Internet Index, 50 per cent of consumers in Thailand shop online once a week or more, and 44 per cent shop […]
Read MoreSINGAPORE, Nov. 5 (Xinhua) — Lazada Group, a leading e-commerce portal in Southeast Asia with the majority owned by Alibaba Group, said Monday that it will cultivate eight million e-commerce entrepreneurs and small-medium enterprises (SMEs) in Southeast Asia to grow and thrive by 2030. According to a press release from Lazada, the company also plans […]
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Thailand
