The banking industry is expected to announce 10% lower earnings for the second quarter than the previous quarter, mostly attributed to the decision to eliminate fees for digital transactions. KGI Securities forecasts the combined net profit of nine listed banks in the second quarter of the year at 46.05 billion baht, down 10.7% quarter-on-quarter, but increasing […]
Read MoreThe Financial Services Authority (OJK) is about to issue a new set of rules on financial technology (fintech), as more and more startups arise in the industry. The OJK’s head of digital financial innovation and micro-finance development, Triyono, said the regulation was currently awaiting approval from the Law and Human Rights Ministry. “We will begin […]
Read MoreThe Hanoitimes – The growth in Vietnam`s capital markets to US$200 billion in value from some US$35 billion five years ago, was a big draw for global investors, Jeffrey Perlman, Southeast Asia chief of Warburg Pincus told Reuters. Foreign investors, especially from Asia, continue to invest heavily in Vietnam’s real estate market through direct investment or […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) is planning to submit to Congress Packages 3 and 4 of the Comprehensive Tax Reform Program (CTRP) by the end of the month, according to Finance Secretary Carlos Dominguez. Dominguez said the agency would soon be handing over to Congress its proposal on the two tax reform […]
Read More“THE fact that, as a startup, we’ve made it past 200 applicants worldwide and into the finals shows recognition on the importance and urgency of resolving the plastic waste problem worldwide,” says co-founder of Klean, Datuk Mohamad Arif Abdullah. Klean, a Malaysian-based startup, was one of the six finalists for The Liveability Challenge which aims […]
Read MoreThe Ministry of Electricity and Energy (MOEE) will hold tenders for offshore oil and gas production in Myanmar by the end of the year, Daw Khin Htay, director from state-owned Myanma Oil and Gas Enterprise (MOGE) said during a July 13 press conference. “Tender rounds will be floated before the end of 2018,” she said. […]
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Thailand
