Thailand’s Kasikorn Bank (KBank) is preparing to invest in Ayeyarwaddy Farmers Development Bank (A Bank) in Myanmar, KBank told The Myanmar Times via email. The Thai bank said it is looking to buy a 35 percent stake in the A Bank and has sought approval from the Central Bank of Myanmar (CBM) to do so. The move […]
Read MoreMajor e-commerce operators plan to ratchet up efforts to explore more revenue sources in 2020, including lending services, following years of huge spending on promotion campaigns without turning a profit, said a former president of the Thai E-Commerce Association. “This year, JSL [JD Central, Shopee, Lazada] aim to make more revenue, as they have spent […]
Read MoreThe authorities have reduced paperwork and introduced online document submission to help migrant workers and their employers beat the March 31 deadline for renewing work permits. More than 1.6 million migrant workers who hold pink cards, which are identification documents issued to migrants upon their employment registration, will need to renew their work permits before […]
Read MoreCharoen Pokphand has acknowledged considering the possibility of acquiring a controlling stake in Tesco Plc’s Asia business, an operation the group sold almost two decades ago. Any deal would depend on the results of a feasibility study that CP Group is conducting of the purchase, and no concrete decision has been made yet, according to […]
Read MoreBangkok Bank (BBL) plans to add an advisory feature to the Bualuang m-Banking mobile app in March as a means to generate fee income from the digital platform. The new feature, covering mutual funds and bancassurance, will focus on transactional banking services to provide more convenience for customers and generate higher fee income for the […]
Read MoreHanoi and Vientiane are top two cheapest cities in Asia for backpackers to visit in 2020 while Bangkok offers the cheapest prices for a meal, a study conducted by UK-based Alpha Travel Insurance has revealed. Hanoi, the capital of Vietnam, tops the list of 31 destinations listed on the company’s guide titled “Backpacker Index — […]
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