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Sharing economy and opportunities in Vietnam

VIETNAM is positioned to take advantage of the growing opportunities presented by the sharing economy, said Rebecca Bryant, Australian Embassy Charge D’Affaire. “With a well-educated and young population and almost 70% of people owning a smart-phone, Vietnam’s economy stands to benefit significantly from these developing technologies,” Bryant said. She said that one of the greatest […]

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Myanmar’s economic future hinges on reforming state-owned enterprises

State -Owned  enterprises (SOE) play dominant roles in Myanmar’s economy. Collectively, they generate about half the government’s revenue, spend half the government’s budget, and regulate much of the formal economy – from forestry to telecommunications to mining. Yet these entities have remained “black boxes”, with their activities and finances shrouded in secrecy. Over the past […]

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Singapore’s finance sector can support Asian development but risk management also key: Heng Swee Keat

SINGAPORE – Singapore is positioned to support the region’s development by financing infrastructure and enterprise in Asia, including bringing in private capital, said Finance Minister Heng Swee Keat on Friday (July 13). The Republic’s adoption of digital technology can improve transaction efficiency and raise financial inclusion, he added, calling higher access to financial services “a […]

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Asia Pacific digital economy seen as a ‘threat’

Almost half (47 per cent) of employees in Asia Pacific (APAC) see the rising digital economy as a threat to their jobs, according to a new report by Workday, a leader in enterprise cloud applications for finance and human resources.  In a study conducted by Workday and global market intelligence firm, IDC, titled ‘The Drive […]

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