PETALING JAYA: The ringgit is expected to stay firm against the US dollar at the 4.07-4.10 levels by year-end. AmBank group chief economist and AmBank Research head Anthony Dass attributed this to the continued weakness in the US dollar, which he said would provide positive impetus for the local currency’s strength. He said on the […]
Read MoreThe Indonesian Coal Mining Association (APBI) on November 25 signed a deal with the China Coal Transport and Distribution (CCTD) association to export $1.46 billion worth of coal to China next year. The value is low compared to that of realised exports this year, but the APBI said in a joint statement with the Ministry […]
Read MoreThe government has set an ambitious goal to raise the country’s standing in the World Bank’s Ease of Doing Business (EODB) ranking, reaching the top 10 by 2022. To reach that level, both public and private sectors need to work closer together, says Deputy Prime Minister Supattanapong Punmeechaow. Mr Supattanapong said over the past five […]
Read MoreE-WALLET operators will need to keep up cybersecurity and anti-fraud efforts to maintain consumer trust as they gain greater access to Singapore’s payment rails, industry watchers told The Business Times. On Monday, the Monetary Authority of Singapore (MAS) announced that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s real-time retail […]
Read MoreMANILA, Philippines — Barcelona-based think tank FocusEconomics is expecting a strong rebound in Philippine exports and imports over the next two years after a major slump this year as the pandemic took its toll on global trade. FocusEconomics sees exports rising by 9.1 percent over the next two years and imports surging by 18.6 percent […]
Read MoreE-commerce giant Lazada is scaling up efforts to boost cross-border e-commerce, bringing international brands to Thai customers with improved logistics services and a wide assortment of quality goods. It is also striving to introduce Thai products to buyers overseas as well as increasing the number of Thai brands via its parent Alibaba’s Tmall Global, a […]
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