Authorities say VIP escort packages on sale in China are difficult to police as the transactions are made outside of Thailand. Thailand might ask Beijing for cooperation, as happened with the crackdown on so-called zero-dollar tours in 2016. Facebook page “Lui Chin”, which exposed the VIP escort sales on Chinese e-commerce sites last month, revealed […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is not ruling out another surprise supply shock after inflation blew past expectations to hit a fresh 14-year high of 8.7 percent in January from 8.1 percent in December. BSP Governor Felipe Medalla said authorities are not ruling out another surprise as inflation for January exceeded […]
Read MoreCambodia was Adidas’ largest garment manufacturer in 2021, overtaking China, as the German sportswear giant turns to Southeast Asia to fulfil its manufacturing needs. Adidas’ incoming chief executive officer will need to tackle the tricky issues of manufacturing in China and the Chinese market, where sales are sliding. Cambodia made 21 percent of Adidas’ sports […]
Read MoreNguyễn Đăng Hùng, head of the Fintech Club Việt Nam under the Việt Nam Banks Association, speaks to the Vietnam News Agency about this development. Chip card transactions via the National Payment Corporation of Việt Nam (NAPAS) system nearly tripled in 2022, while the proportion of cash withdrawals processed through the NAPAS system decreased by half, as […]
Read MoreUNEMPLOYMENT picked up in December from a month earlier but job quality appears to have improved, data from the Philippine Statistics Authority (PSA) showed. The jobless rate rose to 4.3 percent from 4.2 percent in November, the PSA reported on Wednesday, with 43,000 Filipinos ages 15 and above joining the ranks of the unemployed. At […]
Read MoreTHAI consumer confidence rose for an eighth straight month in January, bolstered by a rebound in tourism and government stimulus measures, but the high cost of living remained a worry, a survey showed on Thursday (Feb 9). The consumer index of the University of the Thai Chamber of Commerce hit a 26-month high of 51.7 […]
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