TEMPO.CO, Jakarta – The Financial Services Authority (OJK) chairman Wimboh Santoso said the loan value disbursed by financial technology (fintech) lending or peer-to-peer or P2P lending has skyrocketed. “P2P lending recorded an outstanding financing of Rp27.48 trillion in September 2021, or grew by 116.2 percent year on year (yoy),” said Wimboh at a press conference of the Financial […]
Read MoreBilateral trade between Cambodia and Singapore totalled $4.37 billion in the first 10 months of 2021, a 51.27 per cent year-on-year surge from $2.89 billion, as reported by the Ministry of Commerce, despite Covid-related disruptions to manufacturing supply chains. In January-October, Cambodian exports to Singapore amounted to more than $112 million, marking a 95.47 per […]
Read MoreBefore June this year registering a business in Cambodia was a lengthy and expensive process. Applicants had to visit the Commerce Ministry, General Department of Taxation (GDT) and Labour Ministry, carrying different documents, dealing with different procedures and waiting months to get an answer. It wasn’t just a headache for business owners, according to Marina […]
Read MoreLand prices in Hanoi stayed at high price levels in the third quarter, while they decreased slightly by 5-7 percent in some projects in HCM City, according to Ministry of Construction’s (MOC) real estate bulletin on the third quarter. The social distancing imposed in many cities and provinces had a negative impact on real estate […]
Read MoreThe government is considering replacing the RT-PCR test with other screening methods for vaccinated tourists under the Test & Go scheme, and easing high-risk close contact (HRC) rules which force airplane passengers who had sat near Covid-19 patients to undergo mandatory quarantine. Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said these decisions would be […]
Read MoreMANILA, Philippines — Sales of cars and trucks slid by 9.8 percent in October from a year ago, but the motor vehicle industry still expects to end the year with higher sales compared to 2020. Data released by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) yesterday showed […]
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