JAKARTA, Oct 25 (Reuters) – (This October 25 story corrected headline and lead paragraph’s Q3 GDP growth projection to 4.5%, not 4.3%, after Finance Ministry issues correction) Indonesia expects rising exports and a recovery in household consumption to result in economic growth of 4.5% in the third quarter, refining an earlier forecast for 4-5% growth, […]
Read MoreRelated parties share a common view that the security bar must be further raised by both users and service operators to prevent cybercrime regarding online payment transactions. Panic broke out last week after scores of bank card holders, particularly those with debit cards, complained via social media that their money had been removed without their […]
Read MoreCambodia and South Korea have signed a free trade agreement (FTA), cutting import tariffs by more than 90 percent. Commerce Minister Pan Sorasak inked the deal with South Korean Trade Minister Yeo Han-koo in a virtual ceremony on Tuesday. Under the deal, initially agreed in February, Cambodia will lift tariffs on 93.8 percent of products […]
Read MoreSINGAPORE (XINHUA) – The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) said yesterday that the MAS core inflation rose to 1.2 per cent on a year-on-year basis in September from 1.1 per cent in the previous month. The increase was largely driven by higher food inflation, said the authorities. Meanwhile, […]
Read MoreMANILA, Philippines — The Duterte administration has ordered the taxman to study how other countries impose levies on digital transactions as the government seeks to cash in on an online selling craze fueled by the pandemic. The Bureau of Internal Revenue (BIR) will form a unit that will track sales of goods and services online, […]
Read MoreThough the growth rate slowed down in the third quarter, banks still made high profits. However, the lending interest rates are expected to stay high. SHB reported pre-tax profit of VND5.055 trillion in the first nine months of the year, an increase of 93.9 percent over the same period last year. The bank reached 86 […]
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Thailand
