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Vietnam-Laos information-communications cooperation applauded

Vientiane (VNA) – Lao Deputy Prime Minister Sonesay Siphandone welcomed Vietnamese Minister of Information and Communications (MIC) Truong Minh Tuan in Vientiane on November 1. Tuan affirmed that Vietnam has been highly aware of the significance of the traditional friendship, special solidarity and comprehensive cooperation between Vietnam and Laos, adding that Vietnamese sectors and ministries have […]

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Cumbersome’ business procedures drag Philippines’ ranking in ease of doing business

MANILA, Philippines — The Philippines’ “cumbersome” business regulatory structures dragged the country below the first 100 economies tracked by World Bank Group’s annual ease of doing business report. This is despite the government’s expectations of modest improvements in this year’s report, which reviews regulations that enhance business activity and those that constrain it among economies […]

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Indonesia – BPS: October’s Inflation Booked at 0.01 Percent

TEMPO.CO, Jakarta – Central Statistics Agency (BPS) head Suhariyanto said that October`s inflation rate stands at 0.01 percent, which is far lower than September`s 0.13 percent. The figure brings the inflation rate 2.67 percent so far this year. “It proves that President Jokowi and Jusuf Kalla’s administration is committed to maintaining the economic stability,” Suhariyanto told journalists at the BPS […]

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Grab starts mobile wallet service in Singapore

SINGAPORE: Grab, Southeast Asia’s largest ride-hailing app, is kicking off a new digital wallet service in Singapore as it stakes a claim to the region’s burgeoning mobile payments sector. Starting Wednesday, Grab will enable its 4 million users in the city-state to scan a quick response, or QR, code to pay for local dishes such […]

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Vietnam’s retail forecast to grow steadily

HANOI — Vietnam’s retail sector is forecast to be stable in the coming years, attracting investment from many foreign enterprises thank to its large population, brighter economic outlook and greater purchasing power. This was announced by experts participating in a survey of Vietnam Report Company (VNR), released in Hanoi on Tuesday. Another study by HSBC, titled “ASEAN Connected 2016”, […]

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