MANILA, Philippines — Regulatory impediments are hampering the Philippines’ digital shift, raising internet costs even as network speed has not caught up with rest of Southeast Asia despite a welcome boost from movement restrictions brought by the pandemic. In a joint report with the National Economic and Development Authority, the World Bank said that while […]
Read MoreThe Thailand Convention and Exhibition Bureau (TCEB) plans to steady the Mice (meetings, incentives, conventions and exhibitions) industry for future visits from the international market as it awaits the government loosening travel restrictions. TCEB president Chiruit Isarangkun Na Ayuthaya said about 360 companies from China expressed their intent to bring meeting and incentive groups to […]
Read MoreThe Hanoitimes – Half of the surveyed people in Hanoi use single e-wallet like those in Ho Chi Minh City do. People from Hanoi and Ho Chi Minh city tend to use multiple e-wallets than other locations, according to the latest report by online research market firm Asian Plus. Conducted in September, the report entitled “Mobile […]
Read MoreThe official ground breaking ceremony for Aeon mall 3 took place yesterday after receiving necessary approvals from the Council for the Development of Cambodia (CDC). Hyundai Engineering and Construction Co Ltd., has been appointed as the main contractor. Aeon 3 is set to be another huge retail space that will be adding to the 4 […]
Read MoreMANILA, Philippines — Manufacturing output declined at a slower pace in August even with the reimposition of a strict lockdown in Metro Manila and surrounding areas during the month, the Philippine Statistics Authority (PSA) said. Factory output, as measured by the Volume of Production Index (VoPI), declined at a slower pace of 9.8 percent in […]
Read MoreBusiness leaders are urging an extension of credit guarantees provided to small and medium-sized enterprises (SMEs) under the 500-billion-baht soft loan scheme, expanding from two years to 10 years to assist them. An extended credit guarantee period by the Thai Credit Guarantee Corporation (TCG) will help support liquidity of SMEs affected by the pandemic, said […]
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