Nguyễn 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 […]
Read MoreThe Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have claimed that banks and microfinance in Cambodia continue to provide loans with the same interest rate, despite seeing less return as interest rates on international markets increase. In early February 2023, the US Federal decided to raise interest rates by another […]
Read MoreThailand’s rate committee stuck by a pledge that monetary tightening would be gradual and measured, but noted it could be adjusted should the growth and inflation outlook shift from assessments, minutes of the meeting showed on Wednesday. The minutes said monetary policy would face greater challenges in the period ahead, given a tradeoff between tackling inflation […]
Read MoreVietnam’s labor market has improved, sending goods news to workers being laid off in the final quarter of last year due to a shortfall of new orders faced by their companies. The Hanoi Center for Employment Services, in cooperation with job centers in six neighboring provinces, will hold job bazaars to match job supply with […]
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