MANILA, Philippines — Digital payments have emerged as the preferred mode of payment for online shopping in the country after overtaking cash last year, PayMaya said. PayMaya founder and CEO Orlando Vea said cashless modes of payment such as e-wallets, cards, and bank transfers have most likely reached a tipping point in 2020. Citing data […]
Read MoreForeign investors and independent credit evaluators are echoing confidence in Cambodia in light of the series of free trade agreements (FTAs) both completed and being pursued by the Kingdom’s government. According to the ASEAN Briefing (AB), such FTAs could see the region become the world’s fourth-largest economy by 2030, comprising a consumer market estimated topping […]
Read MoreHistory shows that in every industrial revolution, only a few countries can exploit the opportunities to make a breakthrough in development. Daring and appropriate decisions will help set a new position for the country. Historical successes From a simple and small-scale economy, the UK became wealthy and prosperous as it pioneered the first industrial revolution […]
Read MoreCompetition regulators are looking at the decision by Shopee, the country’s most popular e-commerce platform, to choose delivery services rather than letting customers do so, saying the practice could run afoul of the Trade Competition Act. Shopee’s move to automatically select couriers for customers has prompted an outcry from some users, who have complained via […]
Read MoreThe business expectations of firms in Singapore’s manufacturing and services sectors turned positive after a year of gloom, with sentiment boosted by the start of Covid-19 vaccinations across countries. Their sentiments were captured in the latest quarterly surveys released separately by the Economic Development Board (EDB) and the Department of Statistics (SingStat) on January 29. […]
Read MorePETALING JAYA: Malaysia and its national oil company Petroliam Nasional Bhd (Petronas) are expected to benefit from the recent spike in the price of gas. The Asian liquefied natural gas (LNG) spot price has been rallying over the past two months and soared more than 18 times to a record high of US$32.50 per million […]
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Thailand
