GRAB and deals platform Fave – formerly Groupon Singapore – announced on Thursday that they have formed a strategic partnership to accelerate their growth across the Asean region. As part of the partnership, Fave will bring onboard merchants for GrabFood and GrabPay in Singapore and Malaysia, beginning this week. Later in October, Fave will add the […]
Read MoreBENGALURU (REUTERS) – Asian currencies fell on Thursday (Oct 2) after robust US economic figures and bullish comments from the Federal Reserve boosted the US dollar, prompting sustained regional outflows. The greenback rose about 0.3 per cent against a basket of currencies after news that US service sector activity raced to a 21-year high in […]
Read MoreThe Hanoitimes – By the end of 2017, total outstanding consumer loans reached over US$5 billion. The consumer finance market, however, remains huge potential for development. Vietnam’s consumer finance market is witnessing new players, promising a fierce competition for customers, VnExpress reported. On October 1, EVN Finance Company announced its foray into the market with the […]
Read MoreTHE THAI Retailers Association (TRA) is to appeal to the Revenue Department to reconsider five locations it has proposed for value-added tax (VAT) refunds to foreign tourists other than at airports, TRA president Worawut Oonjai said yesterday. The five strategic locations are: Siam Paragon, CentralWorld, Central Chidlom, The Emporium and Robinson Sukhumvit malls. Worawut’s call […]
Read MoreKUALA LUMPUR: The World Bank sees Malaysia’s economy growing at a slower pace from this year up to 2020 but it also expects the fiscal deficit to narrow, depending on the economic growth. In its outlook report issued on Thursday, it expected growth to moderate to 4.9% this year and 4.7% next year and at […]
Read MoreMANILA, Philippines — The government should focus in making power rates in the country competitive and address inefficient transport and telco services to attract more foreign direct investments (FDI) and achieve inclusive economic growth, the Philippine Chamber of Commerce and Industry (PCCI) said. In a press conference yesterday, PCCI president Alegria Sibal-Limjoco said the country has […]
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Thailand
