DIGITAL payments took a larger share of retail payments last year in both volume and value, the Bangko Sentral ng Pilipinas (BPS) reported on Wednesday. By volume, e-payments accounted for 30.2 percent of all transactions, up from 20.1 percent in 2020. In value terms, meanwhile, they comprised 44.1 percent from 26.8 percent previously. “The latest […]
Read MoreThe Federation of Thai Industries (FTI) has warned against further currency depreciation to 37 baht against the US dollar, claiming it would make life more miserable for businesses and households because of higher oil prices. Though tourism operators and exporters may reap benefits after the baht value fell on Thursday to 36.35 to the dollar, […]
Read MoreRegistered trust companies are being increasingly seen as the “new instrument” in the real estate market in Cambodia while the trust sector is still young and needs further promotion in terms of its potential and specific roles in the interaction between developers and foreign investors, officials said. Four firms and 34 individuals have been registered […]
Read MoreKUALA LUMPUR : Malaysia’s industrial production in May rose 4.1 per cent from a year earlier, below forecast, government data showed on Friday. May’s industrial production was expected to rise 5.9 per cent, according to 12 economists surveyed in a Reuters poll. Source: Reuters
Read MoreTHE Philippine peso had its worst day in over 17 years, falling to P56 to the US dollar on Thursday. The local currency decreased 39 centavos from the P55.67 closing value of the previous day to end at $56.06:$1. It hasn’t been this soft since Sept. 27, 2005 when it closed at 56.29:$1. Nicholas Antonio Mapa, senior […]
Read MoreAlcohol use is increasing at an alarming rate in Vietnam, especially among young people, according to a conference held by the Ministry of Information and Communication in collaboration with the HealthBridge Organisation on July 5-6. The three main criteria affected are average consumption per capita converted to pure alcohol, the rate of alcohol use in […]
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Thailand
