SINGAPORE – Ride hailing company Grab said it has secured debt facilities of up to US$700 million (S$951.9 million), the largest ever raised by a South-east Asian start-up. It also announced that it has signed an exclusive partnership with SMRT to build the largest car rental fleet in the region by the end of next […]
Read MoreHANOI — Consumer finance has significant room for growth in Vietnam, however it is essential to improve the policy framework to ensure efficiency, transparency and sound operation of the financial system and the whole economy, heard a conference in Hanoi on Thursday. The International Conference on Consumer Finance in Vietnam was organised by StoxPlus, a leading […]
Read MoreTHE country’s balance of payments (BoP) position reverted to a surplus of $24 million in September from a deficit of $7 million in August, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. However, the surplus last month was much lower than the $117-million surplus recorded a year earlier. “The modest BoP surplus derived directly from […]
Read MoreCambodia has asked Singapore to consider buying more Cambodian agricultural products, particularly rice, pepper and mango. The request was made during a meeting on Tuesday between Foreign Minister Prak Sokhonn and his Singaporean counterpart Vivian Balakrishnan. “To further increase bilateral trade, the Cambodian Minister requested Singapore to consider importing agricultural products, namely rice, peppers, and […]
Read MoreIt has been 20 years since the Lao People’s Democratic Republic officially become a member of ASEAN, and although many Lao people don’t feel connected to the group, they generally believe that their country’s membership in it can only bring benefits. Conversations with Lao people also reveal a sentiment that Laos, a Least Developed Country of […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) has decided to maintain the reference rate at 4.5 percent. BI’s deposit facility interest rate is also maintained at 3.5 percent, and the lending facility interest rate stays at 5.0 percent. “The BI Rates will apply on October 20, 2017,” Bank Indonesia’s economic and monetary policies department head Dody Budi Waluyo said in […]
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Thailand
