Bangkok Bank (BBL) plans to start offering cross-border payments via standardised QR code in Japan later this month and aims to extend digital payment service across Asean in the next phase. With the service, users would be charged lower fees for foreign currency exchange than credit cards or cash, and it is convenient, said executive vice-president […]
Read MoreIndustry Minister Airlangga Hartanto has said Indonesia exported cigarettes worth US$931.6 million last year, up 2.98 percent from $904.7 million in 2017. He added that the cigarette excise was recorded at Rp 153 trillion last year, up 3.9 percent from Rp 147 trillion in 2017. “Cigarette excise tax revenue contributed 95.8 percent of the national excise tax revenue,” Airlangga […]
Read MoreMANILA, Philippines — Barcelona-based Focus Economics expects the Philippines to incur a wider trade deficit this year as imports continue to accelerate further. Lindsey Ice, economist at FocusEconomics, said the trade gap could widen to $44 billion instead of $42 billion this year from last year’s $41.44 billion. Ice said Focus Economics now sees imports […]
Read MoreLaos will do everything it can to help the Mekong-Lancang Cooperation (MLC) deliver as many tangible benefits as possible to the people of the Mekong region. Deputy Minister of Foreign Affairs, Mr Thongphane Savanhphet, conveyed this message at an event to mark the 3rd anniversary of cooperation between the countries of the Mekong, which took […]
Read MoreVietnam has been ranked at #84 among the best countries for business, U.K. on Top, U.S. Down in Forbes’ 13th annual look at the Best Countries for Business, which measures countries that are most hospitable to capital investment. Forbes gauged the Best Countries for Business by rating nations on 15 different factors, including property rights, […]
Read MoreMANILA, Philippines — The growth in remittances is expected to remain subdued over the next few years, but the Philippine economy can hold up despite the effect on consumption if monetary and fiscal policies are loosened this year and employment growth is sustained, London-based Capital Economics said. In a report issued yesterday, the think tank […]
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Thailand
