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Thailand: Ministry rolls out ‘Smart Grocery Plus’ programme

The Commerce Ministry in partnership with 28 partners from both from the public and private sectors on Wednesday embarked on a “Smart Grocery Plus” programme to raise the competitiveness of local grocery shop operators amid stiffer competition in the domestic retail market. According to Deputy Commerce Minister Sinit Lertkrai, the Smart Grocery Plus programme aims to […]

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Vietnam to release strict regulation on cashless payment

The Standing Economic Committee of the National Assembly yesterday held a meeting to review the draft amended Law on Anti-Money Laundering (AML). Former Standing member of the National Assembly’s Economic Committee Do Van Sinh commented that the regulation on collecting and processing data is the key; yet the law does not mention which data types […]

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Philippines: FDI inflow soars by 64% in May

As foreign firms pump additional equity into local units MANILA, Philippines — The net inflow of foreign direct investments (FDI) soared by 64.1 percent to   $742 million in May from $452 million in the same month last year as multinational companies continued to inject more money into their affiliates in the Philippines to finance their […]

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