Third-quarter economic growth surprised, with a flat reading from the previous quarter, the weakest since the first quarter of 2014 when the economy shrank 0.4%, as exports and tourism cooled. The National Economic and Social Development Board (NESDB) reported Monday that the country’s GDP showed no growth in the third quarter from the second, on a seasonally […]
Read MoreTechnology companies Google, Cisco Systems, Lazada, Microsoft, SEA Ltd, GrabTaxi, and PT Tokopedia plan to train some 20 million people in small and medium enterprises (SMEs) across Asean to develop their digital skills by 2020. The pledge to train the people is part of World Economic Forum (WEF)’s Digital Asean initiative, the forum said in […]
Read MoreData from the Council for the Development of Cambodia (CDC) show that it approved a total of 41 investment projects worth more than $1 billion from September until mid-November. The approved projects include hotels, garment factories, electrical appliance factories, cosmetics, furniture, beverage, pharmaceutical, plywood manufacturing plants, power plants and agro-industrial crops. The projects are mostly […]
Read MoreThe Hanoitimes – Thanks to this policy, the number of foreign visitors to Vietnam has been growing fast over the past three years. Vietnam’s National Assembly on November 20 decided to extend the implementation of a pilot scheme to issue electronic visa (e-visa) for foreigners entering Vietnam for another two years starting February 1, 2019, in […]
Read MoreTEMPO.CO, Jakarta – University of Indonesia’s (UI) Professor of Management Rhenald Kasali predict that the rapid development of financial technology (fintechs) reduce the number of workersin the financial industry. He highlighted how most banks have now ceased from opening conventional, physical branches. He said that there would be little need for bank tellers, as customers have rarely go to a bank conduct financial transactions. “Next year, the financial sector will have to fight […]
Read MoreCommerce Minister Sontirat Sontijirawong ordered the Department of Intellectual Property (DIP) to reject a patent request for cannabis extracts, after facing pressure from an advocacy group. It was one of the 11 patent requests earlier lodged with the DIP, he said. Of the 11 requests, two have already been withdrawn. Deliberation of the other eight were […]
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Thailand
