MANILA, Philippines — Payoneer, a New York-based cross-border payments company for digital services, platforms and small and medium businesses, has identified the Philippines as its regional hub in Southeast Asia amid the country’s growing economic fundamentals. Payoneer CEO Scott Galit, who is in the country for a visit, expressed confidence in the continued growth of […]
Read MoreThe Central Statistics Agency (BPS) has warned the government about the trade deficit. “The February trade deficit was lower than in January, but it needs serious attention because it occurred for three consecutive months,” said BPS head Suhariyanto in Jakarta on Thursday. BPS announced that Indonesia booked a US$116 million trade deficit in February, bringing […]
Read MoreSINGAPORE: Singapore’s central bank chief said that there is now a real risk of a trade war that could deal a devastating blow to the global economy. US President Donald Trump has recently imposed tariffs on steel and aluminium imports, sparking threats of retaliation from some trade partners, and called on China to cut its […]
Read MoreThe Hanoitimes – Vietnam is one of the world’s most attractive markets for retail investment, ranking sixth in the Global Retail Development Index (GRDI) of A.T. Kearney in 2017. Many foreign retailers have flocked to the market in the past few years. It was estimated that foreign investors opened more than 100 new convenience stores in […]
Read MoreIKANO Private Ltd, which operates IKEA stores in Southeast Asia, yesterday announced an ambitious plan to open one store every year in the region over the next five to 10 years. The company yesterday officially opened its second IKEA store in Bang Yai district of Nonthaburi province. Costing Bt6.3 billion, the store in CentralPlaza WestGate […]
Read MoreDespite recent clashes over the human rights situation in the kingdom, the European Union and Cambodia reaffirmed on Wednesday their commitment to strengthen economic ties and support further integration of the country into regional supply chains. The commitment was made during the 10th Joint Committee Meeting between Cambodia and the EU, which was held in […]
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Thailand
