Bank Indonesia started on Monday to punish corporations or individuals who violate a Bank Indonesia regulation that limits the amount of of foreign banknotes that can be carried when crossing the Indonesian border. With the enforcement of Bank Indonesia Regulation (PBI) No. 20/2018 on the revision of PBI No. 19/7 2017, only licensed institutions – banks and […]
Read MoreSINGAPORE: Singapore’s trade minister said on Saturday that broad agreement on the world’s biggest trade deal should be reached at a summit of leaders from participating nations in the city-state in November, six years since talks began. Called the Regional Comprehensive Economic Partnership (RCEP), the trade accord includes the 10 members of the Association of […]
Read MoreTHERE is an ongoing drive to push small and medium-sized enterprises (SMEs) to go digital to tap a bigger market. But moving online is a lot more than just uploading a product catalogue onto a webstore or marketplace. Businesses need to also know how to effectively sell their products online. And given the low entry […]
Read MoreAugust inflation likely rose to 6% MANILA, Philippines — Inflation last month remained elevated and likely touched the six percent mark on the back of rising oil and food prices, higher electricity rates as well as the weak peso, according to economists. Jennifer Kusuma, senior Asia rates strategist at ANZ, said in the latest Asia macro strategy weekly, the […]
Read MoreSeptember marks a series of seismic auctions that will determine whether Thailand’s business realm will continue to be dominated by the same old oligarchs or if newcomers with big bucks could shake up the monopolistic arena. The terms of reference (ToR) for the 200-billion-baht high-speed railway linking three major airports — Don Mueang, Suvarnabhumi and U-tapao […]
Read MoreState-owned oil and gas holding company Pertamina and state-owned telecommunication company Telkom signed on Friday an agreement to apply digital technology to monitor 5,518 gas stations nationwide. With the digital technology, Pertamina will be able to monitor fuel stocks in all tanks at gas stations, the amount of fuel distributed and the revenue from sales […]
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Thailand
