MANILA, Philippines — The Philippines is on its way to becoming the fastest growing economy in Southeast Asia next year as it continues to gradually recover from the pandemic-induced recession, Malaysian financial giant Maybank said. Chua Hak Bin, regional co-head of macro research at Maybank, Kim Eng said during the bank’s virtual Year-end Market Forum […]
Read MoreA new fee to be imposed on international tourists should be postponed until the travel industry fully recovers, as the country faces headwinds during this high season, according to the Association of Thai Travel Agents (Atta). Atta president Sisdivachr Cheewarattanaporn said that since Thailand’s reopening on Nov 1, there had been 3,000-4,000 international tourists per […]
Read MoreThe Bank of Laos has ordered Phousy Group to cease operations of its Cryptocurrency exchange known as Welnance. According to a notice issued yesterday by Director-General of the Payment Systems Department, under the Bank of Laos (BOL), Mr. Soulysak Thamnuvong, digital asset business activities operated by Phousy Group have not been undertaken in accordance with […]
Read MoreSINGAPORE – Job roles in the logistics sector are on the “move” with the adoption of Industry 4.0 technology solutions, with changes or displacement of positions expected in the next three to five years. Of 56 positions studied in the Jobs Transformation Map (JTM) for the sector, about 54 per cent of job roles – […]
Read MoreIndonesian media groups are pushing for a draft regulation to make news aggregators pay publishers for displayed content, a regulation meant to support the domestic news industry. Sources told the Jakarta Post that the new regulation was based on Australia’s News Media Bargaining Code – the first law of its kind in the world – […]
Read MoreMANILA, Philippines — The government continued to spend more than what it earned in October, pushing the budget deficit to P1.2 trillion from January to October, 28 percent higher than last year’s P940.58 billion, the Bureau of the Treasury (BTr) said yesterday. For October alone, the shortfall widened by five percent to P64.29 billion as […]
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Thailand
