The Transportation Ministry said it would not prohibit online ojek (motorcycle taxi) service providers from giving tariff discounts, canceling its earlier statement that it wanted to stop discounts to avoid “predatory pricing”. On Thursday, Minister Budi Karya Sumadi said the ministry itself would not be the one that initiated such prohibition. “If some stakeholder requested it, we […]
Read MoreCambodia’s construction sector remained strong during the first four months of this year following a nearly 20 per cent drop last year, according to Ministry of Land Management, Urban Planning and Construction figures. According to the data, in the first four months of this year the Kingdom’s construction investment capital amounted to $2.742 billion, an […]
Read MoreMANILA, Philippines — Top bank executives are maintaining a double-digit growth in the industry’s profits, assets, deposits and loans this year, results of the Banking Sector Outlook Survey (BSOS) of the Bangko Sentral ng Pilipinas (BSP) showed. About 70.2 percent of the respondents, which include presidents and CEOs, expect the Philippine banking system to remain […]
Read MorePETALING JAYA: In order to ensure that consumers are protected and treated fairly, Bank Negara is working with a number of ministries to make the Consumer Credit Act law soon. Governor Datuk Nor Shamsiah Mohd Yunus said the central bank has been working with a number of ministries, namely, the Domestic Trade and Consumer Affairs […]
Read MoreThe National Economic and Social Development Council (NESDC) is fretting over tourism prospects because the mounting trade row between the world’s two largest economies could affect the industry, which makes up about 20% of the country’s GDP. Thosaporn Sirisamphand, the NESDC’s secretary-general and chairman of the Tourism Authority of Thailand (TAT) board, said the agency is […]
Read MoreCambodia is calling for the establishment of tourism institutes and universities to provide relevant skills in compliance with an Asean curriculum, Minister of Tourism Thong Khon said. He was speaking during the Sub-Forum on Yunnan-South Asia & Southeast Asia Tourism Vocational Education and Personnel Training Exchange and Cooperation in China’s southwestern city of Kunming in […]
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