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Thailand: NESDC sounds the alarm on jobs losses

The government is being urged to step up the introduction of more effective and intensive assistance measures to help maintain employment and create jobs for new graduates, as the fresh Covid-19 outbreak has had a drastic impact on workers. Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said prolonged infections, the […]

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Digital fraud attempts from Philippines down 59%

MANILA, Philippines — Suspected digital fraud attempts originating from the Philippines dropped by 59 percent in the second quarter from a year ago, but businesses need to remain vigilant and take steps to build consumer confidence in transactions, information and insights firm TransUnion said. TransUnion said its latest study showed the Philippines bucked the trend […]

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Bank of Ayudhya to acquire SHB Finance in Vietnam

Bank of Ayudhya Plc said on Wednesday that it will acquire SHB Finance in Vietnam from Saigon-Hanoi Commercial Joint Stock Bank for 5.1 billion baht. “We are very pleased to announce that we have signed agreements with SHB to acquire a 100% stake in SHB Finance, SHB’s consumer finance subsidiary,” Bank of Ayudhya President Seiichiro […]

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Cambodia: CDC approves $63.5 million in new projects

The Council for the Development of Cambodia (CDC) has approved seven new projects representing a total investment of $63.5 million. Ethan Metal Manufacture Co Ltd will be opening a processing plant for aluminium, iron and copper to be located in Kandal province. Soma Energy Co Ltd will open a five megaWatt (mW) solar power station […]

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