Grab Thailand has become the latest to join the fintech frenzy, aiming to launch an e-wallet in partnership with Kasikornbank (KBank) this month, backed by data from users and drivers to reach Thais who do not have bank accounts. By entering the digital payments sector, Grab will build upon its long-stated goal of becoming a […]
Read MoreThe Customs Department aims to link the National Single Window (NSW) with three more countries this year, expanding the electronic exchange system of trade-related data. The additional three countries are Myanmar, Cambodia and the Philippines, said director-general Krisada Chinavicharana. Cambodia started a trial run for the NSW with Thailand at the beginning of July, he […]
Read MoreMANILA, Philippines — The government is gearing up for the implementation of the fuel marking program this quarter, a measure which is seen to generate at least P5 billion in additional revenues this 2019, the Department of Finance (DOF) said. In a text message to reporters, Finance Secretary Carlos Dominguez said fuel marking operations are […]
Read MorePolitical uncertainty is a major risk sapping investor and consumer confidence and clouding the country’s economic outlook, the World Bank says. Domestic factors are the main risk to Thailand’s outlook for the rest of the year, said Kiatipong Ariyapruchya, the global lender’s senior economist for Thailand. Delays in the new government’s formation will postpone fiscal […]
Read MoreLombok in West Nusa Tenggara has been named the Best Halal Tourist Destination on the 2019 Indonesia Muslim Travel Index (IMTI), followed by destinations in Aceh, Riau, Riau Islands and Jakarta. On the latest index released Monday, Lombok received a score of 70, the highest among the assessed top 10 halal tourist destinations in Indonesia, conducted […]
Read MoreThe Internal Revenue Department (IRD) has been spending K3 billion annually buying tax stickers from other countries, said Daw Swe Swe Khaing, deputy director of that department. “Approximately, we spend K3 billion buying tax stamps per year,” she said yesterday. The stamps Local private firms were invited to take part in a tender to import […]
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