MANILA, Philippines — The Philippines has strengthened its reach for cross-border privacy cooperation following the National Privacy Commission (NPC)’s confirmation as a Privacy Enforcement Authority (PEA) for the country. The country has joined the APEC Cross Border Privacy Enforcement Arrangement (CPEA), with NPC becoming the 11th PEA along with those from eight other APEC economies, […]
Read MorePresident U Htin Kyaw signed the Myanmar Companies Act at the Pyidaungsu Hluttaw Wednesday, approving the most anticipated piece of legislation in the country this year. Under the new Myanmar Companies Act, foreigners will be permitted to take up to a 35 percent stake in local companies. It also stipulates that businesses with foreign stakes […]
Read MoreBENGALURU: Most Asian currencies drifted on Thursday, with investors shying away from risk ahead of key central bank meetings next week and due to political uncertainty in the Middle East. Market players expect the mood to be cautious in the run up to next Thursday, when both the US Federal Reserve and the European Central […]
Read MoreNational Online Shopping Day (Harbolnas), which will be held on Dec. 12, is eyeing Rp 4.95 trillion (US$365.9 million) in transactions, a 50 percent increase from last year’s sales of Rp 3.3 trillion, organizers have said. The number of participating e-commerce firms is also up by 20 percent to 254 participants, with participants including noted […]
Read MoreKUALA LUMPUR: The average gross domestic product (GDP) of developing economies in the Asia-Pacific is expected to grow by 5.4% in 2017, mainly driven by domestic private consumption, says the United Nations (UN) . In the year-end update of the flagship report themed, “Economic and Social Survey for Asia and the Pacific 2017”, it said […]
Read MoreThe private sector has voiced concerns about the stronger baht, which recently hit a 31-month high, saying it could hurt exports and tourism as well as the overall Thai economy. Some businesses have demanded new measures from the Bank of Thailand to curb the baht’s rise. The Thai National Shippers’ Council (TNSC) estimates that the […]
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