Information technology services spending in Thailand is expected to reach 92.6 billion baht this year, an increase of 9.2% over the 84.8 billion spent in 2017, according to International Data Corporation (IDC). The largest contributor to IT services spending is project-oriented services (40.5 billion baht), followed by managed services (30.9 billion) and support services (21.2 billion). […]
Read MoreKUALA LUMPUR: Global investors have regained some confidence in Malaysia and its currency after the surprise victory of the Pakatan Harapan in the GE14 in May 2018, says S&P Global Ratings. In its report issued on Tuesday, it said nearly one in five (20.5%) polled intend to increase their exposure to the ringgit, up considerably […]
Read MoreJAKARTA: Indonesia posted its widest trade deficit in more than five years in November as exports fell, adding pressure on the currency. The trade deficit was US$2.1bil, much bigger than the US$735mil shortfall predicted by economists in a Bloomberg survey, and the worst result since July 2013. Imports jumped 11.7% from a year earlier, according […]
Read MoreGetting more Filipinos to trust banks is already a big challenge for the Banko Sentral ng Pilipinas, but its goal of getting cashless transactions to rise to at least 20 percent of total transactions by 2020 would be, simply put, something of interest to observe. The BSP is relying on the rise of smartphones, a tech-savvy young generation, […]
Read MoreDataLEADS/ANN: The internet has grown widely in all parts of the world in what is termed as the digital age. Asia has shown impressive growth trends in the last ten years. South East Asia has seen the most penetration with China leading the way. In the last decade China has grown tremendously by providing internet […]
Read MoreWing (Cambodia) Limited Specialized Bank and the Cambodian Commercial Bank, a subsidiary of Thailand’s Siam Commercial Bank (SCB), yesterday signed a partnership deal that paves the way for the creation of money-transfer services with Thailand. An inward money-transfer service between Wing and CCB will be introduced in the next three months, while transfers to Thailand […]
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Thailand
