Beyond COVID-19, technology is helping the Kingdom to reconnect with the past, eradicate landmines and promote financial inclusion. COVID-19 has accelerated the deployment of new technologies, including mobile apps for registering for vaccination appointments and contact tracing. In Cambodia, technology is helping to educate people about history, eradicate landmines and promote financial inclusion. To ensure […]
Read MoreMANILA, Philippines — Manila Water Co. Inc. reported an eight percent decline in its net income in the first quarter to P1.3 billion, largely due to the lower contribution from its east zone concession. In a disclosure to the Philippine Stock Exchange, Manila Water said consolidated operating revenues fell by 12 percent to P4.85 billion […]
Read MoreSINGAPORE – Rents for condominium units and Housing Board flats both increased by 1.3 per cent in April from the previous month, although the number of leasings dipped. As at last month, condo rents have risen for four consecutive months, while HDB rents rose for 10 straight months, according to flash data from real estate portal SRX […]
Read MoreBusiness sentiment plunged to a 39-month low in April after the business sector became concerned about the severity of the new Covid-19 outbreak, lower purchasing power, rising unemployment and public debt. The University of the Thai Chamber of Commerce (UTCC) revealed the TCC Confidence Index on Tuesday, which gauges the sentiment of Thai Chamber members […]
Read MorePhilippine stuck in recession MANILA, Philippines — The country’s road to recovery hit another snag as the Philippines remained in recession in the first quarter, with gross domestic product (GDP) contracting by a weaker-than-expected 4.2 percent amid a resurgence of COVID-19 cases and slow vaccine rollout that kept a tight rein on business sentiment. The […]
Read MorePayment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual report on the payment system. The central bank reported on […]
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Thailand
