Mobile money services will be promoted in Vietnam, with priority given to regions where the prevalence of banking services is still low. Vietnam strives to gain 80% of its population having an e-payment account and attain the rate of e-commerce payments of 50% by 2025. These are the targets set out in the Prime Minister’s Draft […]
Read MoreSales have risen at the Kingdom’s biggest supermarket chain, DFL Lucky Supermarkets, as the 14-day curfew has encouraged shoppers to stock up on essentials. Shoppers in Phnom Penh have been told to stay home since Friday, July 30. The curfew is scheduled to end next Thursday. Other cities have imposed their own restrictions to stop […]
Read MoreMANILA, Philippines — The government ramped up its borrowings in the first semester to nearly P2 trillion in an effort to speed up the economy’s recovery from the impact of the pandemic. According to the Bureau of the Treasury, the borrowings increased by more than 12 percent to P1.93 trillion in the first half, from […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) increased by 1.4% in June this year,, as higher mining output offset the declines in electricity and manufacturing and exceeding the forecasts by Bloomberg and Reuters. The improvement in the June IPI bucked a Bloomberg survey of a 1.5% contraction while Reuters’ survey of 10 economists expected the […]
Read MoreMany countries are promoting vaccinations and reopening their economies. As a result, demand for Vietnam’s textiles, footwear, furniture, and electronic products is on the rise. Data from the General Department of Customs of Vietnam shows that Vietnam’s import and export revenue was very impressive in the January-July period of 2021. The total import-export value was […]
Read MoreGrab Holdings Inc – poised to become the most valuable Southeast Asian tech unicorn to go public on the NASDAQ later this year – reported stronger-than-expected revenue last quarter on the back of its food delivery service. The company announced in June that it would delay its initial public offering to the fourth quarter in […]
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Thailand
