Smart Axiata last week started construction of a base transceiver station tower in Kampong Chhnang, a project that will widen the reach and increase the speed of mobile internet services in the Kingdom. Viettel, a Vietnamese mobile operator and the owner of Metfone, launched a base station in the same province last week. The two […]
Read MoreThe Hanoitimes – The SBV`s current reserve fund of nearly US$64 billion is expected to ease pressure on foreign currency supply in the market, according to a commercial bank`s representative.. Over the last week, the State Bank of Vietnam (SBV) has sold nearly US$2 billion to commercial banks in order to increase supply in the foreign […]
Read MoreInvestors in the local e-commerce market are struggling to find their footing, trying to differentiate value propositions and realising the segment requires a large amount of capital. The recent move by SK Planet under SK Telecom to sell its 100% share in 11street Thailand to businessman Chalermchai Mahagitsiri confirmed this, after 11street logged nearly three years […]
Read MoreThe Tourism Ministry is working hard to achieve its target of 20 million tourist arrivals by 2020, including by proposing the establishment of low-cost carrier (LCC) terminals in airports across the country. Tourism Minister Arief Yahya said in Jakarta on Sunday that he had received approval from President Joko “Jokowi” Widodo to turn Soekarno-Hatta International […]
Read MorePETALING JAYA: Global coal prices, which have been on a steady rise, hit a six-year high early this month, increasingly putting pressure on the power generation industry in the country. Coal plays a large role in Malaysia’s energy scheme and is fully imported. Some 63%, is imported from Indonesia, with another 24% coming from Australia […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is considering additional operational refinements to its main liquidity absorption tool to strengthen the transmission of changes in the monetary policy stance to the rest of the economy. Proposed changes in the term deposit auction facility (TDF) include further shortening the lead time in announcing the […]
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Thailand
