Digitalising trade promotion activities and the application of information technology are important aspects of the country’s strategy for building a digital government, digital economy, and digital society. Addressing a conference on digital business strategy in the VUCA era (Volatility, uncertainty, complexity, and ambiguity) jointly held by the ministry and the e-commerce platform Alibaba.com on March 1 […]
Read MoreJAKARTA, March 2 (Reuters) – Bank Indonesia Governor Perry Warjiyo said on Thursday the Federal Reserve may continue raising U.S. interest rates until June, but while the monetary tightening would strengthen the dollar his central bank’s stance remains unchanged. In a pre-recorded video at a media launch, Warjiyo reiterated that Indonesia’s rate hikes, totalling 225 […]
Read MoreKUALA LUMPUR, March 2 ― Malaysia’s manufacturing sector is expected to expand by 4.4 per cent in 2023, faster than the official forecast of 3.9 per cent, said Public Investment Bank Bhd (Public IB). “In line with the potential expansion in residential- and non-residential-related construction activities, coupled with the continuation of several infrastructure projects, it […]
Read MoreUnited Overseas Bank Limited (UOB) on March 1 announced the completion of the acquisition of Citigroup’s consumer banking business in Vietnam, which includes the transfer of approximately 575 Citigroup related staff to UOB Vietnam. The consumer business comprises Citigroup’s unsecured and secured lending portfolios, wealth management and retail deposit businesses. The acquisition in Vietnam follows […]
Read MoreBANGKOK, March 2 (Reuters) – Thailand’s unemployment rate in the fourth quarter of 2022 dropped to 1.15% from 1.23% in the previous quarter, the state planning agency said on Thursday, as the vital tourism sector rebounds. Employment increased 1.5% in October-December from a year earlier, but slowed from a 2.1% rise in the September quarter, […]
Read MoreEven as the use of technology for financial inclusion of the unbanked and under-banked population has been in the works for sometime across the globe, the Covid-19 pandemic gave an impetus to the use of digital channels for financial activity. Attention to digital channels grew with the pandemic affecting physical movement and other activities. In […]
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Thailand
