The Hanoitimes – The central bank has proposed issuing detailed regulations on foreign shareholding limit in the country’s fintech firms to better manage the nascent financial services sector. Experts have said that it is good for Vietnam as foreign investors are interested in the country’s fintech industry thanks to its high growth potential. As Vietnamese fintech […]
Read MorePETALING JAYA: Populist policies introduced by the government, along with an expanding economy and low levels of inflation and unemployment, have boosted consumer spending in 2018. Fitch Solutions Macro Research said high frequency indicators also pointed to the health of the Malaysian consumers, with consumer confidence and retail sales picking up since the beginning of […]
Read MoreThe Ministry of Commerce official in charge of the Kingdom’s new trade remedy law said that no complaints had been filed by Cambodian businesses since the anti-dumping measure was put in place nearly one year ago. Tan Yuvaroath, the ministry’s deputy director of trade promotion, told reporters at a seminar in Phnom Penh that lack […]
Read MoreMANILA, Philippines — The Philippines is expected to lose billions of pesos in quality investments if the government decides to push through with its plan to slap royalty on all mining operations, the country’s biggest mining group said. Imposing a five percent royalty on all mining companies, regardless whether they operate within mineral reservation areas or not, will push away international […]
Read MorePETALING JAYA: The rubber industry is expected to become the number one commodity contributor to the the country’s economy as palm oil is facing difficulties in the international market, said Primary Industries Minister Teresa Kok Suh Sim. She said in terms of commodity export earnings, rubber and rubber products were currently the second largest contributor […]
Read MoreMANILA, Philippines — The peso slightly recovered yesterday, closing at 54.07 to $1, up four centavos from Monday’s 54.11 to $1. The currency opened slightly weaker at 54.15 compared to the previous day’s level of 54.1 to $1 and reached an intra-day high of 54.06 to $1. Total volume reached $766.45 million, lower than the […]
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Thailand
