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Philippines: Investments needed in tech, infrastructure for e-commerce growth

MANILA, Philippines — Investments are needed in technology solutions and infrastructure to allow retail businesses in the country to take advantage of opportunities in e-commerce. Alexander Friedhoff, chief executive officer and co-founder of e-commerce enabler Etaily, said in a webinar the ongoing shift to e-commerce is opening opportunities and making the digitalization of retail businesses […]

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QR payment with Indonesia finalised

Bank Indonesia and the Bank of Thailand launched a cross-border QR payment linkage on Tuesday, under which consumers and merchants in both Indonesia and Thailand can make and accept instant cross-border QR payments for goods and services. This connection is the first to link retail payment system operators in both countries. It also marks a […]

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Singapore firms urged to invest, explore partnerships in Philippines

MANILA, Philippines — The Department of Trade and Industry (DTI) is encouraging Singaporean firms to explore investment and partnership opportunities in the Philippines particularly in food production, manufacturing, infrastructure development, and healthcare. The Philippine government presented recent reforms including the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, as well as investment opportunities in […]

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Thailand: Experts warn of cryptocurrency risks

Cryptocurrency trading value in Thailand spiked to 700-800 billion baht during the past 10 months and is expected to reach 1 trillion baht by the end of this year, according to Zipmex Thailand chief executive Akalarp Yimwilai at PostToday’s Cryptocurrency Forum 2021 on Wednesday. Mr Akalarp said the number of local crypto traders has increased […]

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