The World Economic Forum has released the latest version of its Global Competitiveness Index which saw differing fortunes for longstanding Asian giants. The 2018 edition of the World Economic Forum’s competitiveness Index saw China slip down in the rankings on the back of a slowing macroeconomic situation and longstanding barriers within the Chinese work force. […]
Read MoreThe Bank of Thailand (BOT) revealed that real estate developers and commercial banks had submitted ideas to help develop new criteria for home loans. Participants emphasised the need to adjust the regulatory framework if they benefit the general image of the banks without significantly affecting the system. They hoped that customers will gain the most […]
Read MoreSINGAPORE has been moving fast towards achieving industrial transformation by creating both soft and hardware infrastructures to support firms and workers to achieve industry 4.0. While Thailand and many other countries have adopted an industry 4.0 policy to harness disruptive technologies that will advance their economies, Singapore has been doing it in a systematic way. […]
Read MoreBank Indonesia will introduce domestic non-deliverable forward (DNDF) transactions on Nov. 1, a policy that is expected to ease external pressure on the rupiah. BI monetary management executive director Nanang Hendarsah said 11 banks would be involved in a simulation for DNDF transactions. The banks are Bank Mandiri, BNI, BRI, BCA, HSBC, Maybank, Deutche Bank, […]
Read More(KPL)The Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vietcombank, officially inaugurated its Vietcombank in Vientiane on Oct 19. Located on Lane Xang Avenue, a finance-banking hub in downtown Vientiane, the Vietcombank Laos chapter has a charter capital of US$ 80 million, the highest among Vietnamese credit institutions in the country. Vietcombank Laos will […]
Read MoreKUCHING: Local authorities looking to implement a digital tax on eCommerce transactions may have indirect impact on logistic players in the form of parcel delivery volume growth. The research team at Affin Hwang Investment Bank Bhd (AffinHwang Capital) in a special report said Malaysia was not alone with conventional tax mechanisms falling behind the emerging […]
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