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Thailand: Visa launches new cybersecurity measures

Visa, the global provider of digital payments, has implemented a series of new payment security measures in Thailand to help fight cybercrime, protect the payments ecosystem, and keep consumers and businesses safe. The new security measures are part of Visa’s updated “Security Roadmap for Thailand”, which is designed to provide enhanced protection for transactions made online and […]

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Thailand: Unemployment drops amid increasing economic activity

Unemployment declined thanks to increased economic activity and a rebound in tourism. However, household debt increased, albeit at a slower pace, while total loan quality improved. The National Economic and Social Development Council (NESDC) reported on Wednesday unemployment in the third quarter tallied 491,400, representing 1.23% of the total workforce, declining from 546,600 or 1.37% of […]

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Indonesia Extends Trade Surplus Run to 31 Months

Jakarta. Indonesia recorded a surplus of $5.16 billion in its international trade in November to extend a run of surpluses to the 31st consecutive month, the Central Statistics Agency, or BPS, announced on Thursday. The latest monthly figure brings the overall international trade surplus to top $50 billion year to date. The country’s exports amounted to […]

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Cambodia: GDT earns $37 million on e-commerce VAT income

The General Department of Taxation earned e-commerce value-added tax (VAT) income of $37 million from the operation of electronic goods and services till November this year. The government started implementing the e-commerce VAT from April this year. The update was shared in a monthly meeting yesterday under the presence of Director-General Kong Vibol. “From May […]

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ADB hikes Philippine growth forecast to 7.4% this year

MANILA, Philippines — The Asian Development Bank (ADB) has raised its gross domestic product (GDP) forecast for the Philippines this year, following the country’s surprisingly strong economic performance in the third quarter, but it expects growth to slow next year. In the ADB’s Asian Development Outlook Supplement for December released yesterday, the multilateral lender said […]

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