Singapore is assessing the use of central bank digital currency (CBDC) for cross-border foreign exchange settlements with global partners, such as Swiss National Bank. It hopes the international collaboration will help identify potential governance structures, technical standards, and policies needed to support industry use cases. The Monetary Authority of Singapore (MAS) said its efforts here […]
Read MoreCambodia exported a total of $4,703 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first nine months of this year, an increase of six percent when compared with the same period last year. The export amount to RCEP countries accounted for 27.2 percent of the Kingdom’s total export […]
Read MoreE-commerce platform Lazada is committed to investing in its “mega shopping campaigns” to stimulate purchases amid economic headwinds, while pursuing offline entertainment activities to engage with high-spending groups, particularly Gen Z. According to the firm, Thailand’s online business-to-customer (B2C) segment is expected to make up 16% of the total retail market by 2025, up from 8% […]
Read MoreMANILA, Philippines — While the Philippines continued to post a slight increase in motor vehicle production in the first nine months, its growth continues to lag behind the majority of its Southeast Asian neighbors. Based on data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF), 63,718 motor vehicles were assembled in the […]
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Thailand
