Brunei Darussalam recorded the highest total trade since December 2012 after it recorded a value of BND2,571.3 million, an increase by 86.3 per cent from BND1,380.0 million during the same month last year. This takes into account exports of petroleum and gas products as an outcome of downstream activities. Meanwhile, for month-to-month changes, total trade […]
Read MoreCambodia’s capital city will host a large gathering of local and international freight-forwarders next month, signifying the Kingdom’s growing reputation as an important logistics hub in Southeast Asia. According to Indian research company Mordor Intelligence, the freight and logistics market in the country is expected to reach a market value of $2.25 billion by 2023. […]
Read MoreBank Indonesia (BI) is holding a National QRIS Week event across Indonesia to promote cashless transactions among small businesses using its Quick Response Indonesia Standard (QRIS) code system. During the one-week event, which ends March 15, the central bank will disseminate information on the technical details of the QRIS system and the registration process for […]
Read MoreThe government has announced plans to transform the country into the electric vehicle and motorcycle hub of Asean within five years via state measures to boost demand, though some critics continue to doubt Thailand’s ability to create a full-fledged EV ecosystem. The government has drawn up a roadmap to promote EVs through state agencies and […]
Read MorePETALING JAYA: Malaysia may need to recalibrate Budget 2020 if oil prices continue to persist at current levels, with a risk of sinking further. Even with oil prices seeing slight recovery, it may not be sustainable to reach US$62 per barrel which the national budget was based on.Brent crude oil was at US$36.30 per barrel […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has tightened the guidelines on correspondent banking relationships as legislation against money laundering and terrorism financing needed to avoid being included in the watchlist of the global watchdog have yet to be passed. BSP Governor Benjamin Diokno said the BSP has approved amendments to the Manual […]
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Thailand
