A recent survey by global fintech organization Rapyd shows that e-wallet OVO is the most preferred payment method in Indonesia. The survey also found that online payments are more popular than bank payments in emerging markets in Asia. The survey report titled Asia Pacific E-commerce and Payment Guide 2020 showed that OVO was the most used e-wallet […]
Read MoreMANILA, Philippines — Lower disbursements and budget due to the coronavirus disease 2019 or COVID-19 pandemic may dent the growth prospects of the country’s infrastructure sector this year, according to Fitch Solutions Country Risk & Industry Research. In a report, the research arm of the Fitch Group said the country’s infrastructure sector may grow by […]
Read MoreThe Energy Ministry has cut the ex-refinery oil price by 0.5 baht and will continue to subsidise gas purchases as part of its ongoing measures to provide relief to an economy battered by Covid-19. The Energy Policy Administrative Committee (Epac) approved today the price cut in response to a call from a non-governmental organisation, Green […]
Read MoreIndonesia booked a trade surplus of US$2.09 billion in May as imports fell steeper than the export slump against the backdrop of social restrictions worldwide and supply chain disruption, Statistics Indonesia (BPS) announced Monday. Exports plunged 28.95 percent year-on-year (yoy) in May to $10.53 billion, the lowest since July 2016, due to falling exports of coal, […]
Read MoreExports of vegetable and fruits fetched more than 1.5 billion USD in the first six months of the year, a year-on-year decline of 14.5 percent, according to the Ministry of Agriculture and Rural Development. China was the leading importer of Vietnam’s vegetable and fruit, holding a lion’s share of about 60.8 percent. However, exports of […]
Read MoreDespite the easing of stringent lockdown measures, the 3.6-trillion-baht retail industry remains far from a full recovery, and nearly all business operators in the sector are struggling to regain business. Some 10-30% of in-mall businesses have restarted since shopping malls were allowed to reopen on May 17 after being ordered closed on March 22 as […]
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Thailand
