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Thailand: August sees drop in new registrations

New business registrations continued to fall in August, dipping 7% from the same month last year as the business sector frets over the pandemic. The Business Development Department reported yesterday new business registrations totalled 5,538 in August, with combined registered capital worth 14.3 billion baht, a decrease of 17% from last year. On a monthly […]

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Asean digital bank in the making

KUALA LUMPUR: AirAsia Group Bhd has rebranded its digital ventures under AirAsia Digital, and aims to evolve AirAsia.com to become an Asean “super app”, that will be an all-in-one platform for travel, food delivery, shopping, logistics, health and financial services. The low-cost carrier’s CEO Tan Sri Tony Fernandes said the group can leverage on its database of […]

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Philippines: BSP sets cap on credit card charges

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is imposing a 24 percent cap on the annual interest rate on all credit card transactions starting Nov. 3 to ease the financial burden of consumers and small enterprises amid the COVID-19 pandemic. In a virtual press briefing, BSP Governor Benjamin Diokno said the imposition of […]

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Thailand: Shorter quarantine if tourist test succeeds

A seven-day quarantine for foreign tourists can be put into effect in November if the first batch of inbound tourists in October is clear of coronavirus infections, says the Tourism and Sports Ministry. After next Tuesday’s cabinet meeting, the government will announce more details of the special tourist visa (STV) that will allow long-stay visitors, the […]

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