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Thailand: Money changers explore related services

Money changer companies are exploring new foreign exchange-related businesses to seek new income sources after their businesses have been drastically affected by the pandemic. SuperRich Currency Exchange (1965), a leading local money changer, has submitted an application for a money transfer and e-money licence with the Bank of Thailand and is awaiting regulatory approval. The […]

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Vietnam economy to enjoy a rosy 2021: HSBC

The Hanoitimes – Thanks to its successful Covid-19 containment, Vietnam saw one of the highest GDP growth rates in the world in 2020. While many headwinds still linger, Vietnam’s economic outlook for 2021 remain bright with an estimated GDP growth of 7.6%, as the country will benefit from numerous FTAs, consistent FDI inflows and a tech-led […]

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Thailand: Sales tactics for survival in slump

Food vendors need to strive to expand distribution channels, offer items with good profits and collect data to better their strategies as part of a way to boost the chance of business success, industry pundits say. Speaking at the virtual Robinhood Food Delivery Forum 2021 on Monday, Thanapong Wongchinsri, part owner of Penguin Eat Shabu […]

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Philippines: Lower tariff on MDM to be retained

MANILA, Philippines — Prices of processed meat products are expected to remain stable after the government retained the low tariff rate on imported mechanically deboned meat (MDM), a vital raw material used in meat processing. President Duterte yesterday formally signed Executive Order 123, which retained the current most favored nation (MFN) tariff rates on MDM […]

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