MANILA, Philippines — Major stakeholders of the peso – renminbi (RMB) spot market that was launched recently has tapped Bloomberg to provide a reliable electronic trading platform. Deng Jun, country manager of the Bank of China Manila branch, said the Philippine RMB trading community has adopted Bloomberg FXGO to be the electronic trading platform for […]
Read MoreCash is still king for Thai consumers, remaining the top mode of payment, with QR code emerging as the most popular mobile payment method, according to a study by UnionPay International and Nielsen. “The Future of Payments” is an online survey of 400 mobile payment users in Thailand, including 100 respondents each from Gen Z (aged […]
Read MoreFurniture exports have reached US$1.4 billion in the first 10 months of the year , 4.83 percent higher than the $1.33 billion earned in the same period last year, says the Industry Ministry. The ministry’s small and medium manufacturer director general, Gati Wibawaningsih, attributed the export increase to a number of activities organized by the ministry, including training for workers, […]
Read MoreThe Hanoitimes – The government will intensify inspections over not only all SOEs and state-funded projects, but also over the heads of these enterprises about how they have obeyed state regulations about privatization and divestment. The pace of the country’s state-owned enterprises (SOEs) privatization has remained languid this year despite the government’s efforts, preventing foreign investors […]
Read MoreMANILA, Philippines — Countries bordering on the seas of East Asia have issued a joint declaration reaffirming their commitment towards the conservation and sustainable development of coastal and marine resources in the region. Environment ministers and heads of delegation of Cambodia, China, Indonesia, Japan, Laos, North Korea, Singapore, South Korea, Timor-Leste, Vietnam and the Philippines […]
Read MoreProperty developers are hastily preparing strategies to cope with the Bank of Thailand’s new requirements on mortgage lending, as the measures will have an impact on some homebuyer segments next year. Peerapong Jaroon-ek, chief executive of SET-listed developer Origin Property Plc, said the new requirements will directly affect the speculation market and buyers of second and subsequent […]
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