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Thailand: QR code payment now via credit card

An airline, insurance company, postal service, cinema group, and department store are pioneering QR code payment online via credit cards thanks to 2C2P’s Thailand gateway for mobile apps.  Piyachart Ratanaprasartporn, chief executive of 2C2P Thailand, a Southeast Asia payment service provider, said 2C2P has been testing QR code payment via credit card with its corporate […]

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Myanmar: Mayor promises speedy review of high-rise projects

Yangon Mayor U Maung Maung Soe said the government did not suspend any additional construction projects involving high-rise buildings on March 6. He made the comments in the regional legislature. MP U Hla Thein from Tamwe township asked if the government has plans to greenlight the construction projects. “Suspending construction projects which have already started can […]

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Philippines: Canned goods makers to hike prices

MANILA, Philippines — Manufacturers of canned goods are expected to jack up prices of their products in the coming months in line with the rising prices of tinplates and foreign exchange movement. “There is an indication to increase prices of canned products. There is a request submitted to us, anywhere from P1 to P2 per […]

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Bank Indonesia Must Stabilize Rupiah: Minister Darmin Nasution

TEMPO.CO, Jakarta – Bank Indonesia should take the necessary measures to stabilize the rupiah against the US dollar, Coordinating Minister for Economic Affairs Darmin Nasution remarked. He said Indonesian currency rupiah weakened against the US dollar as market players were responding to economic developments in the United States. The rupiah may encounter serious pressures in the year […]

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Thailand urged to seek markets amid trade row

THE country should seek out new markets and pursue direct trade negotiations with the United States against the backdrop of heightened fears of a global trade war following protectionist moves by Washington, the Thailand Development Research Institute (TDRI) said. Last week, President Donald Trump said that the US will impose tariffs of 25 per cent […]

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Thailand threatens to block global e-commerce websites

The Revenue Department has threatened to block giant foreign e-commerce websites if they do not pay VAT taxes. Director general Prasong Poonthanet said on Tuesday the department would this month submit a tax bill covering e-commerce to Finance Minister Apisak Tantivorawong for endorsement before it goes to Cabinet for approval. If the draft law is […]

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