MANILA, Philippines — Net inflow of long-term investments into the Philippines climbed in November, but was not enough to offset the strong outflow during the 11-month period last year as investor confidence remained muted due to uncertainty brought about by the dim global economic outlook and delayed passage of the second tranche of the government’s […]
Read MoreBUSINESSES clustered in Singapore’s financial district have heightened their monitoring efforts amid the novel coronavirus outbreak, reflecting the realities of Singapore being a large financial centre where banks and other large corporations dot Shenton Way and the Marina Bay. Two circulars seen by The Business Times revealed a confirmed case of an employee of one […]
Read MoreThe Hanoitimes – In January, tax revenue stood at VND166.7 trillion (US$7.17 billion), equivalent to 11% of the year’s plan and up 4.8% year-on-year. Vietnam recorded a state budget surplus of VND47.5 trillion (US$2.04 billion) in January, according to the Ministry of Finance (MoF). In January, state budget revenue collection stood at VND166.7 trillion (US$7.17 billion), […]
Read MoreThe Transportation Ministry is considering raising the minimum fare for app-based ojek (motorcycle taxis) operating in Greater Jakarta to accommodate drivers’ demands, an official has said. According to the ministry’s road transportation director, Ahmad Yani, ojol (ojek online) drivers have demanded a floor price increase to Rp 2,500 (US$18 US cents) per kilometer from Rp 2,000 per km at present. […]
Read MoreThe Bank of Thailand (BOT) says it will expand QR cross-border payments with Singapore, Myanmar and Cambodia, beginning from the middle of this year. BOT Assistant Governor for payment systems policy and financial technology Siritida Panomwonna Ayudhya was quoted by Thai newspaper The Nation as saying that each Thai bank has developed regional interoperability for […]
Read MoreLocal e-commerce and logistics operators have confirmed that the coronavirus outbreak has hampered parcel deliveries from China, while working to ensure access and rein in the prices of disease-prevention accessories such as face masks and hand sanitiser. Suchaya Paleewong, marketing manager of Shopee Thailand, the local operating unit of the Singapore-based e-commerce site under Sea […]
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