Wing, which pioneered the agent-based money transfer business in Cambodia, will expand the model into Myanmar this year, tapping into the Southeast Asian country’s largely unbanked population of 55 million, the company’s chief executive said. Jojo Malolos, CEO of Wing Specialised Bank (Cambodia), said the company signed with Myanmar-based Mingalabar this March and the partners […]
Read MoreHA NOI – Exchange rates will face pressure to rise this year due to an anticipated trade deficit, according to the National Financial Supervisory Commission (NFSC). Vietnam’s trade deficit was forecast at 3.5 per cent of the total import and export value. In the first four months of this year, Vietnam ran a trade deficit […]
Read MoreThe government is predicting Cambodia’s gross domestic product will grow at seven percent this year and next. A Finance Ministry report published last week said there will be solid growth in garment exports, manufacturing and the services industry, alongside modest developments in agriculture. The real estate sector will meanwhile slow down. The government’s growth forecast […]
Read MoreMANILA, Philippines — After several deferments, the government is now pushing through with rice importation through a government to private sector (G2P) scheme for buffer stocks in preparation for the coming of the lean months. While the volume to be imported is yet to be determined, the interagency National Food Authority Council has approved the […]
Read MoreThe Future development of Small and Medium Enterprises, SMEs can contribute to stronger and more equitable growth for the nation. The importance of unleashing the potential of SMEs, Autoriti Monetari Brunei Darussalam, AMBD will continue to collaborate with relevant stake-holders to ensure a conducive environment for SME development by acting appropriately and effectively through the […]
Read MoreVietnam’s inflation is expected to be higher than projected in 2017, while the country’s economic growth is likely to fall behind its target, market research firm MarketIntello has predicted. MarketIntello expects Vietnam’s inflation to reach 4.3 percent and the economy to expand at the rate of 6.1 percent in 2017, the company said in its […]
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Thailand
