MANILA, Philippines — The Philippines has the lowest automated teller machine (ATM) density in the region as the moratorium on transaction fees imposed by the Bangko Sentral ng Pilipinas (BSP) in 2013 has held back banks’ optimal performance in servicing and expanding their reach. The Bankers Association of the Philippines (BAP) reported over the weekend […]
Read MoreThe Excise Department has proposed local airlines increase the frequency of flights to second-tier provinces to enhance tourism there in return for a reduction in the excise tax on jet fuel, its chief says. If the seven low-cost and full-service carriers want the Excise Department to cut the excise tax, they should offer proposals that […]
Read MoreAsian users of online financing services who fall between the ages of 31 and 34 are the most accurate in matching their finance needs to actual capabilities, according to Robocash Group. These millennials were most successful in obtaining online financing of a size closest to their initial request. Applicants within the age range of 18-24 […]
Read MoreCommercial real estate transaction volumes for the Asia Pacific region have hit a new high of US$128 billion year-to-date, according to JLL. Transaction volumes for the period of July to September climbed 18 per cent year-on-year to US$42 billion, representing the best Q3 performance on record. It also represents a 10 per cent increase in […]
Read MoreThe Hanoitimes – In the fourth quarter of 2019, demand for pork in Vietnam is estimated at 600,000 tons, while supply is over 400,000, indicating a shortage of 200,000 tons. Vietnam may import pork to address the ongoing supply shortage, particularly in the remaining months of the year toward the Tet Festival when demand for pork […]
Read MoreA mixed development waterfront project on along the Kaladan River in Sittwe, Rakhine is now 90 percent done and is expected to be complete by the middle of next year, Steve Park, CEO of Korean developer BXT International Co, told Myanmar Times. The remaining work involves the completion of roads, drains and power grids at the project […]
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Thailand
