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Thailand: Strong baht battering rice shipments

Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said Thai rice shipments may slip to as low as 8 million tonnes this year, led by a sharp drop in white rice exports. He predicts […]

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Great potential to promote development of digital banking in Vietnam: Brokerage

The Hanoitimes – As of end 2018, the inter-bank electronic payment system processed 137.6 million transactions worth VND73,000 trillion (US$3.13 trillion), 13 times the country’s GDP. Vietnam is a country with low penetration of traditional banking services but rather high development of digital infrastructure. This means that when pushing for penetration of banking in general, Vietnam […]

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Myanmar launches workplace guide to respecting local culture

Foreign executives and managers in Myanmar can now rely on a handbook about respecting the local culture in the workplace when it comes to defusing possible cross-cultural misunderstandings and potential disputes.  The Directorate of Investment and Company Administration (DICA) and the Myanmar Centre for Responsible Business (MCRB) collaborated on the guide titled “Respecting Myanmar Culture […]

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The Brunei Hotel offers Netflix in guest rooms

The Brunei Hotel has replaced television cable channels with Netflix in all their hotel guest rooms as part of the strategy to cut cost, according to Assistant Front Office Manager Farrah Razak. Netflix is a streaming service allowing members to watch a wide variety of award-winning TV shows, movies, documentaries, and more on thousands of […]

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