TEMPO.CO, Jakarta – App-based ride-hailing service Go-Jek complied with the request of Bank Indonesia to stop the company`s trial of the QR-based electronic payment. “Bank Indonesia has recently asked Go-Pay to end the trial period. We are currently obeying the request,” said Go-Pay Chief of Compliance Officer Budi Gandasoebrata in a press release on Tuesday, January 16. Go-Jek trial tested their […]
Read MoreBoth unionists and private sector representatives are unhappy with draft amendments to Cambodia’s Labour Law, which would overhaul the regulations surrounding worker contracts and guaranteed employee protections. Negotiations between the Ministry of Labour and representatives from employers and unions have been ongoing since the draft amendments were released on December 14. The amendments closely follow […]
Read MoreDEPUTY Prime Minister Somkid Jatusripitak has raised the goal for investment inflows into the targeted industries in the Eastern Economic Corridor (EEC) to at least Bt600 billion, from an earlier goal of Bt500 billion, within the five years from 2017, said Kanit Sangsubhan, secretary-general to the EEC Office. The revised figure would be finalised at […]
Read MoreMANILA, Philippines — Remittances from overseas Filipino workers continued to grow in November last year, bringing the 11-month tally 5.1 percent higher at $28.24 billion from the year-ago level of $26.88 billion, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Nestor Espenilla Jr. said personal remittances from overseas Filipinos (OFs) rose 3.2 percent […]
Read MoreHCM CITY — Vietnam has become an ideal location to start a business, not only for young overseas Vietnamese people but also for expats thanks to the country’s strong economic growth in recent years. Vietnam has had many programmes that have helped create a dynamic startup ecosystem by facilitating a wide range of supporting activities, […]
Read MorePAYMENT performance of local firms improved from an all-time low in 2016, with the annual average proportion of prompt payments rising from 43.77 per cent to 48.40 per cent in 2017. According to the Singapore Commercial Credit Bureau (SCCB), the annual average proportion of slow payments fell by five percentage points from 44.71 per cent […]
Read More
Thailand
