MANILA, Philippines — The national government spent P620.54 billion to settle its debt from both domestic and foreign lenders in the first nine months of the year, the Bureau of the Treasury (BTr) reported. According to the latest cash operations report of the BTr, the national government’s debt payments from January to September rose 6.46 […]
Read MoreThe executive chairman of the Indonesian Financial Technology Association(Aftech), Kuseryansyah, has estimated that five financial technology (fintech) sectors will experience significant growth in the country in the next five years. These sectors are online payment, peer-to-peer (P2P) lending, insurance technology (insurtech), crowdfunding and price aggregators, he added, arguing that they would experience fast growth because their services could be accessed by […]
Read MoreReporting tremendous growth in the number of cards issued in the country as well as in the number of transactions, UnionPay has recently revealed that Cambodia is the market in Southeast Asia where it is growing the fastest. According to the China-based company’s most recent report, the number of transactions performed by Cambodians using UnionPay […]
Read MoreThe Hanoitimes – The group aims to increase market share in Vietnam to more than 50% in the next five years. TCP Group, a Thai maker and distributor of food and beverages including energy drink Red Bull, has plans to invest over US$120 million in Vietnam in the next three years to boost its marketing capabilities, […]
Read MoreSINGAPORE’S manufacturing output grew 4.3 per cent year on year in October, more than rebounding from September’s marginal 0.1 per cent fall and exceeding economists’ expectations of 2.6 per cent growth, according to preliminary estimates from the Economic Development Board on Monday. Excluding the volatile biomedical manufacturing sector, output grew 3 per cent. On a […]
Read MoreOn the heels of the release of a UK-backed report on inclusive businesses, a senior government official says that such businesses are “triple wins” for the poor, tthe business sector and for the government. With the support of Myanmar’s Directorate of Investment and Company Administration (DICA) and the Directorate of Industrial Supervision and Inspection (DISI), […]
Read More
Thailand
