The Finance Ministry’s Customs and Excise Office has issued a regulation to lower the import limit for online shopping to only US$75 from the initial $100. “The new regulation will take effect on Oct. 10,” said its director general, Heru Pambudi, in Jakarta on Monday as reported by kompas.com. He said the policy was stated in Finance Minister Regulation No 112/PMK.04/2018 on […]
Read MoreThe Hanoitimes – In 2018, inflation is estimated at 4% year-on-year, the highest level since 2014. Due to external and internal risks, including tightening of monetary policies and trade tension in the global economy and higher inflation of the local economy, interest rates in Vietnam are expected to rise in 2019, according to Viet Dragon Securities […]
Read MoreSingapore unveiled the first-of-its-kind unified payment QR code on Monday, in an announcement by the Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA). Known as the Singapore Quick Response Code (SGQR), it combines multiple payment QR codes into a single label and aims to make QR code-based mobile payments simpler for […]
Read MoreCambodia and Vietnam have agreed to boost their bilateral trade figures to $5 billion with the acceleration of a border trade agreement following an increase in trade volume between both countries. As quoted by Kao Kim Huon, the minister attached to the PM’s office, Prime Minister Hun Sen who met with his Vietnamese counterpart Nguyen Xuan […]
Read MoreAngry societies, infrastructure, technology, silver economy and millennial values will be the five key investment themes for investors in the upcoming years, said Pornchai Prasertsintanah, Thailand’s country manager and head of South Asia Equities of Credit Suisse Securities (Thailand) Ltd. Credit Suisse Securities (Thailand) Ltd, has three businesses: institutional equities brokerage, investment banking and wealth […]
Read MoreMANILA, Philippines — The national government borrowed P44.4 billion from both domestic and foreign lenders last July, data from the Bureau of the Treasury showed. Government borrowings rose more than three times to P44.4 billion in July from the P14.21 billion in the same month last year. This brought total gross borrowings to P505.26 billion […]
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