JAKARTA : Indonesia will strive to maintain its position as a relative economic “bright spot”, amid a risk of a global recession next year, its finance minister said on Wednesday, underlining the country’s relatively resilient financial markets. Sri Mulyani Indrawati warned that the world is facing the risk of stagflation next year, pointing to the […]
Read MoreFor Vietnam, in 2021, revenue from the internet-based economy was $21 billion, estimated to rise to $57 billion by 2025, up about 271%. The “Vietnam e-commerce white paper 2022” released by the Ministry of Industry and Trade on September 15 cited a Google, Temasek and Bain & Company forecast that by 2025, e-commerce revenue in […]
Read MoreMANILA, Philippines — The National Economic and Development Authority (NEDA) expects the continued uptick in inflation this year and in 2023 to cut the country’s economic growth by 0.6 percent next year. “We are particularly concerned about higher inflation. Our analysis shows that sustained increases in inflation in 2022 and 2023 will cause a slowdown […]
Read MoreAs we move well into Q4 2022, everyone is hoping the COVID period is in our rear view mirror, and the Kingdom of Cambodia has done an excellent job overall of ensuring its citizens, visitors, and investors are healthy – and the right steps have been taken to ensure a path for a healthy economic […]
Read MoreKUALA LUMPUR: Malaysian retail investors have the potential to channel US$35bil (RM165bil) towards top environmental, social, and governance (ESG) priorities, particularly the financing of climate transition by 2030, according to Standard Chartered. Its “Sustainable Banking Report 2022: Mobilising retail investor capital” found that US$8.2 trillion (RM38.7 trillion) of investable retail wealth could be channelled into […]
Read MoreDepositors will only be able to use plastic cards at cash deposit machines (CDMs) under the Anti-Money Laundering Office’s (Amlo) new regulations. The requirement takes effect on Nov 15. Consumers can currently deposit money at CDMs by either inserting their plastic card or merely entering a bank account number. The new Amlo rule means cash […]
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Thailand
