Cambodia, Laos and Vietnam (CLV) on March 10 reaffirmed their commitment to boost border trade and investment with a specific focus on the construction of border markets and to improve customs clearance procedures. The pledge was made during a virtual discussion between Cambodian Prime Minister Hun Sen and his Vietnamese and Lao counterparts Nguyen Xuan […]
Read MoreKUALA LUMPUR: Bank Negara’s move to allow non-resident banks to trade in ringgit-denominated interest rate swap (IRS) effective March 15 is seen as a positive move by the central bank, signalling that it has the policy instrument and enough room to manoeuvre in the financial market, Juwai IQI Global chief economist Shan Saeed said. He […]
Read MoreMANILA, Philippines — Sales of the country’s vehicle assemblers declined by 12 percent in February from a year ago due to slow demand for passenger cars (PCs) and commercial vehicles (CVs), the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) said yesterday. Based on combined sales reports of CAMPI and the Truck Manufacturers Association […]
Read MoreSAMUT PRAKAN: A total of 1,388 people have been thrown out of work by lingerie manufacturer Brilliant Alliance Thai Global Ltd’s abrupt closure of its factory in Bang Sao Thong district. The closure anouncement was posted only on Wednesday, effective from Thursday. Its workforce, mostly employed in the production department, were in a state of […]
Read MoreThree companies are dominating the consumer lending market in Vietnam, with FE Credit, HD Saison and Home Credit firmly on top. According to the State Bank of Vietnam (SBV) 16 finance companies are licensed to provide consumer lending with their total charter capital worth more than VND22 trillion (US$948 million) as of the end of 2020. […]
Read MoreDespite Cambodia’s increasing digital adoption, word of mouth recommendation (WOM) still holds the most weight when it comes to influencing purchasing decisions, according to a new report by research site Engagement Labs (EL). The EL report said that although WOM is increasingly done through email, text and social media, the majority is still done face […]
Read More
Thailand
