With the digital experience becoming increasingly monetised by private companies such as Facebook and Google, an executive at a leading internet service provider (ISP) believes that the proposed National Internet Gateway (NIG) will be rendered impotent upon completion and that its full implementation would disrupt financial services in the Kingdom. Speaking under the condition of […]
Read MoreTHE Malaysian economy got an infusion of multiple packages of cash handout and financial relief, targeted loan repayment assistance, government spending and historic low interest rates to counteract against the ravaging impact of the Covid-19 global pandemic and movement restrictions. During a deep economic recession, keeping low interest rates, loan repayment assistance and easy credit […]
Read MoreMANILA, Philippines — After suffering the worst contraction in decades last year, the Philippine economy is expected to grow by as much as eight percent this year, well above government targets, according to Oxford Economics. Oxford Economics’ latest growth projection for the Philippine economy was an upward revision from its previous growth target of 7.7 […]
Read MoreConsumer spending power is expected to gradually recover in the second half this year, helped by mass distribution of Covid-19 vaccines, the reopening of the country to foreign tourists, and the government’s stimulus measures, according to giant retail players. Sompong Rungnirattisai, chief executive of Ek-Chai Distribution System Co, the operator of Lotus hypermarket chain, said […]
Read MoreAsian stock markets, including the Stock Exchange of Thailand (SET), are increasingly attracting foreign funds as investors shift away from lower-yield US 10-year bonds because of signs of increasing inflation. The foreign fund inflows are expected to greatly benefit large-cap stocks as foreign investors prefer stocks with high liquidity, while analysts are waiting for more […]
Read MoreDeputy Chief Financial Officer of the Phnom Penh Special Economic Zone (PPSEZ) Wong Pang Nam said the company is still waiting for the Securities and Exchange Regulator of Cambodia (SERC) to approve its share buyback plan. He added that the company has submitted all required documents to the securities and exchange regulator, saying: “Once we […]
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Thailand
