The Hanoitimes – Vietnam must grasp opportunities from the internet economy, which is estimated to have a combined value of US$100 billion in Southeast Asia, and is on track to increase by three-fold in the next five years, said a government official. A stronger push for e-payment would not only boost liquidity in the economy, prevent […]
Read MoreThe Ministry of Commerce yesterday announced that two more provinces have started issuing the D form of the certificate of origin on a trial basis. Preah Vihear and Pursat provinces can now issue the form, which is seen as an important tool to save time and costs for exporters. The ministry is delegating the issuance […]
Read MoreCredit card issuers have proposed the Bank of Thailand lower the credit line of cardholders joining the central bank’s new refinancing scheme and waive loan-loss provision requirements for participants in return for an interest rate cut to 7-12%, says a source in banking circles. Those who want to take part in the scheme must agree […]
Read MoreThe government recently released information analyzing the latest income and expenditure household surveys which show that the country’s poverty reduction program is on track and is even partly ahead of target. Poverty reduction accomplishments. In percentage reduction terms, the government has planned to reduce on an annual basis by 2.23 percentage points from the existing […]
Read MorePRIVATE-SECTOR economists have bumped up the forecast for Singapore’s 2019 growth by a hair’s breadth, even as they tweaked their hopes of a bright new year, a poll showed on Wednesday. Watchers now tip the gross domestic product (GDP) to expand by 0.7 per cent year on year, up from the 0.6 per cent growth that […]
Read MoreINDONESIA’S sales of cooling equipment – refrigeration and air conditioning (AC) – is expected to grow rapidly from 2018 to 2030, at 5.1 per cent annually, only second to India’s annual growth rate of 5.6 per cent, according to a report conducted by the Economist Intelligence Unit (EIU) across six countries. Indonesia’s annual cooling sales […]
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Thailand
