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Logistics sector in Vietnam to prosper despite Covid-19

The Hanoitimes – Rapid urbanization and rising middle class are among the biggest drivers for the growth of Vietnam’s logistics sector. Logistics in Vietnam and Asia-Pacific reveal key trends that will continue to drive the growth of investment into the sector despite persistent short-term Covid-19 headwind. Indeed, logistics rents were largely flat in the second quarter […]

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Thailand: 10 investment tips for next year

Financial experts believe investment outlook is bright for the first half of next year although recent rallies in many markets might make equities look expensive. Siriporn Suwannagarn, managing director and financial advisory head of banking at Private Banking Group, expressed confidence that the availability of a Covid-19 vaccine, coupled with huge liquidity and new government […]

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Cambodia: GDT set to launch property tax app

The General Department of Taxation (GDT) is set to launch a property tax app soon, according to a senior official. Director-General Kong Vibol announced this during a GDT Special Live Show that provided an update on the tax department’s activities. The property tax app has already been developed but prior to its release to the […]

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Malaysia: Interest in digital banking scene gains traction

PETALING JAYA: Following the recent award of digital banking licences to companies in closest neighbour Singapore, interest in the local digital banking scene has been gaining traction. Observers say like Singapore, the ability to bring in technology including proven digital straight through processing or STP in order to drive efficiency in the banking sector will […]

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Philippines: 5 banks to seek digital banking license

MANILA, Philippines — At least five banks are planning to apply for a digital bank license as part of efforts to improve the accessibility of financial products to Filipinos, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Chuchi Fonacier said the BSP has received five inquiries so far since it issued the guidelines […]

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Singapore top stock of 2020 faces rougher ride ahead

SINGAPORE: Equity investors have given Singapore’s Sembcorp Industries Ltd a big thumbs-up this year after it shed its loss-making marine unit. But 2021 may prove to be a lot less euphoric, according to analysts. The utilities firm is 2020’s top gainer on the benchmark Straits Times Index, after being the worst performer in the preceding […]

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