The Hanoitimes – Reaping the benefits from digital trade requires conducive and open policy settings in Vietnam and across the region, said an AlphaBeta economist. Economic value for Vietnam’s economy from digital trade in 2017 was estimated at VND81 trillion (US$3.5 billion) and could potentially rise to VND953 trillion (US$42 billion) by 2030, according to Konstantin […]
Read MoreKUALA LUMPUR: The ringgit was slightly lower against the US dollar in early trading today, in line with weaker regional currencies, a dealer said. At 9 am, the local unit traded at 4.0750/0790 compared with Tuesday’s close of 4.0700/0730. He said the greenback gained support on the possibility of the US Federal Reserve taking a […]
Read MoreRIDE-HAILING company Gojek will be piloting for its drivers in Singapore, a dedicated benefits programme which will be rolled out to selected drivers on April 1, 2019, and to all eligible drivers from June. Benefits offered by the programme GoalBetter include fuel rebates, prolonged medical leave insurance and medical consultation services. More flexibility will also be given in the form […]
Read MoreWith the rise of Industry 4.0, digital transformation will be the new growth engine that Cambodia needs to realise its long-term vision of becoming a high-income country, an economic expert said on Tuesday. Speaking at the 13th annual outlook conference, which was organised by Cambodia Development Resource Institute (CDRI) under the theme Digital Transformation towards […]
Read MoreMANILA, Philippines — The Philippines is among the countries in Asia Pacific with the most room for monetary easing this year due to decelerating inflation and weaker growth prospects, said UK-based think tank Oxford Economics. The firm said it expects the Bangko Sentral ng Pilipinas (BSP) to cut policy rate by as much as 50 basis points […]
Read MoreUSE of the local currency settlement (LCS) scheme between Indonesia and Thailand has grown substantially since its inception in late 2017, Bank Indonesia (BI) said in a statement on Monday. The LCS scheme promotes the use of local currencies to settle transactions between related parties to boost international trade and investment between countries and reduce […]
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