SOUTH-EAST Asia is the top destination for mergers, acquisitions and investments in the next two years, according to a new poll of business leaders in the Asia-Pacific. A cool 69 per cent of survey respondents said that their companies were likely to hunt for opportunities in Asean – outstripping the 59 per cent preference for […]
Read MoreAbout a third of Thai executives say blockchain will be the most important new technology for their business over the next three years, according to a survey by Accenture. Nontawat Poomchusri, country managing director and financial services lead of Accenture Thailand, said the executives ranked which DARQ (distributed ledger technology, artificial intelligence (AI), extended reality and […]
Read MoreTuesday (April 30) might be National Bubble Tea Day – but you can be sure that lovers of the addictive drink are indulging way, way more than just once a year. Data shared with Business Insider from GrabFood – the food delivery arm of Southeast Asian (SEA) decacorn Grab – revealed that last year, people in the region ordered […]
Read MoreMANILA, Philippines — The reversal of the tightening cycle and the reduction of the level of deposits banks are required to keep with the central bank are “inevitable,” according to the Bangko Sentral ng Pilipinas. During the general membership meeting of the Financial Executives of the Philippines (FINEX) BSP Governor Benjamin Diokno said monetary authorities […]
Read MoreThai workers’ debt has surged to the highest in 11 years, driven by higher living costs and easier access to loans. The latest survey by the University of the Thai Chamber of Commerce (UTCC) had 1,200 respondents whose income is 15,000 baht per month or less. It found 95% of them were in debt. The survey […]
Read MoreJAKARTA: Indonesian President Joko Widodo has decided to move the capital of Southeast Asia’s largest economy away from the crowded main island of Java, the planning minister said on Monday. “The president chose to relocate the capital city to outside of Java, an important decision,” Minister Bambang Brodjonegoro told a news conference after a cabinet meeting, adding that the administration […]
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