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UTCC: Consumer sentiment hits 40-month high in April

Consumer sentiment rose for a second straight month in April to the highest level in 40 months, boosted by growing exports and strong tourism.  According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index stood at 80.9 in April, up from 79.9 in March and 79.3 […]

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Philippines: Enabling MSMEs in the digital economy

Going digital is one of the hottest topics in the business community lately, with many traditional brick and mortar businesses launching online platforms for their companies, and new digital players emerging in the industry. Because of this, I strongly believe digital is a great equalizer for micro and small entrepreneurs. Last April 26, I, together […]

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Indonesia: Go-Jek Reactivates its QR Code Payment System

TEMPO.CO, Jakarta – Application-based transportation service Go-Jek has reactivated its quick response (QR) Code payments within its digital wallet Go pay services after it had been approved by Bank of Indonesia (BI) mid-April. “Alhamdulillah (Praise to God), the Go-Pay QR code payment method has been approved. Therefore, Go-Pay users can conduct offline transactions using QR code,” said Go-Jek Corporate Affairs […]

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Philippines: Manufacturing extends recovery in April 2018

MANILA, Philippines — Local factories continued to churn out better performance in April, aided by faster increases in new orders, output and employment, a manufacturing survey showed. Based on the latest results of the Nikkei Philippines Manufacturing Purchasing Managers’ index, the domestic manufacturing sector extended its recovery in April as the headline PMI rose to […]

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Myanmar: Yangon’s “new city” authority to publicise project documents in bid to improve transparency

The authority responsible for Yangon’s new city development has vowed to release the project documents of selected tenders for public scrutiny, and allow third parties to challenge the awarded party. On May 2, the government-owned New Yangon Development Company Limited (NYDC) announced that the NYDC signed a framework agreement with China Communications Construction Company (CCCC), to […]

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Cambodia: Food safety laboratory opens in Phnom Penh

A new centre to check produce for safety and quality standards was inaugurated yesterday in Phnom Penh. The new facility will issue quality and safety certifications, and is equipped to analyse agricultural products at every stage of processing – from raw material to finished product. A statement from the Ministry of Agriculture said the lab’s […]

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