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Thailand: DTAC expiry hangs over NBTC

Over 1 million mobile customers using Total Access Communication’s (DTAC) 850-megahertz spectrum network will be disconnected from mobile service after Sept 15, as the board of the telecom regulator will likely cut off the mobile network service after the concession expires.  Furthermore, all 21 million DTAC customers will lose their mobile connection in areas the company’s […]

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Malaysia: 47% of youths have high credit card debts

KUALA LUMPUR: Forty-seven per cent of Malaysian youths have high credit card debts while 38 per cent have been identified as having personal loans, said Bank Negara Malaysia (BNM) Assistant Governor Nazrul Hisyam Mohd Noh.   Nazrul Hisyam said in 2017, more than 3,400 people between the ages of 20 and 30 sought counselling and help […]

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Indonesia: Freeport gets permit extension as divestment process incomplete

Gold and copper mining company PT Freeport Indonesia (PTFI) has been given a one-month special mining permit (IUPK) extension, which is required for the company to import its copper concentrates. Energy and Mineral Resources Ministry mineral business supervision director Bambang Susigit said in Jakarta on Monday that the extension for PTFI, a subsidiary of Freeport-McMoRan Inc (FCX), was signed by Energy and […]

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Thailand: Alipay proves popular on summer break

Thailand ranked second for Chinese travellers making payments through the Alipay platform during their holidays overseas, the e-wallet company of Ant Financial Service Group has reported.  Alipay, an affiliate of Alibaba, revealed Hong Kong, Thailand and South Korea were the top three markets for overseas transactions in July and August. The other markets in the top […]

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Vietnam manufacturing sector grows solidly during August

The Hanoitimes – The health of the sector has now strengthened in 33 successive months. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ index (PMI) posted 53.7 in August, signaling a further solid improvement in business conditions, according to Nikkei and HIS Markit. A reading below the 50 neutral mark indicates no change from the previous month, while […]

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