Financial inclusion is vital for Myanmar’s economic growth as it benefits the country’s diverse communities and ethnic groups and narrows the divide between cities and rural areas. It also reduces gender inequality, according to developmental experts and officials. Officials, businesses and development partners at the National Financial Inclusion Forum in the capital yesterday focused on the […]
Read MoreKUALA LUMPUR: Malaysia’s retail sector, which grew 2% last year, is projected to grow 4.7%, or RM104.4bil in 2018, according to Retail Group Malaysia (RGM). “This projection is considered optimistic by members of Malaysia retailers association (MRA). The prospect of retail industry this year is still highly dependence on the economic performance and consumer confidence […]
Read MoreOn Sept. 20, 2010, it took P44.25 to buy one US dollar. On July 1, 2016, when President Duterte was sworn into office, the exchange rate was P47.00 to $1. On Jan. 3, this year, the rate was P49.96. By March 9, it was down to P52.02 to $1. It is taking more pesos to […]
Read MoreMore opportunities are opening for Thai small and medium-sized enterprises (SMEs) as Amazon.com expands its footprint in business-to-business (B2B) e-commerce here as part of its Asean expansion outside of Singapore. Amazon is using its Facebook page (facebook.com/AGSSEA) to encourage Thai merchants to sell on its platform targeting the US market. In August last year, Amazon appointed […]
Read MoreTHE REVENUE Department plans to impose a 15 per cent withholding tax on profits and dividends generated by transactions involving digital assets. The notice follows the Cabinet’s agreement in principle to regulate trades in cryptocurrencies, initial coin offerings (ICOs) and other activities related to digital assets. The Cabinet yesterday approved in principle a draft emergency […]
Read MoreThe Hanoitimes – With the significant rise in exports posted in the first two months of the year, Vietnam’s textile and garment industry expected to meet the 10 percent growth target set for 2018. According to Le Tien Truong, General Director of the Vietnam National Textile Group (Vinatex), the sector earned US$4.3 billion from exports in […]
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Thailand
