BIG DATA gathered from customers’ accounts with public utilities and state-owned banks will be crunched under a pilot project destined for expansion across all government departments in an effort to make public services more efficient. Deputy Prime Minister Somkid Jatusripitak, yesterday presided over a signing agreement between the State Enterprise Policy Office, the National Credit […]
Read MoreMANILA, Philippines — Term deposit rates rose across the board yesterday as banks swarmed the term deposit auction facility of the Bangko Sentral ng Pilipinas (BSP) amid the rising expectation of a rate hike next week. The seven-day term deposits fetched a higher rate 3.4434 percent from 3.3967 percent last week, while the yield of […]
Read MoreThe Hanoitimes – The country’s retail value of goods and services in April reached VND350.5 trillion (US$15.44 billion), a year-on-year increase of 9.5 percent, according to a report by the General Statistics Office (GSO). The rise brought the total retail revenue in the first four months to VND1,399 trillion (US$ 61.4 billion), up 9.8 percent against […]
Read MoreTEMPO.CO, Jakarta – Chevron IndoAsia Business Unit Managing Director Chuck Taylor said that the multinational energy corporation appreciates the Indonesian Government’s decision to simplify regulations in the oil and gas sector, which he values would create a more competitive climate within the industry. “With a competitive investment climate completed with the reserves that exist, Indonesia has the chance to […]
Read MoreCambodia will have to wait a little longer to have an E-commerce Law, with lawmakers still working on the latest draft after deciding to include the securities market in the much-anticipated legislation. The Ministry of Commerce submitted a draft of the E-commerce Law to the Council of Ministers for approval last year, and it was […]
Read MoreAll businesses and factories in Laos are required to increase the minimum wage from 900,000 kip (some $108) to 1.1 million kip ($133) a month, effective May 1, 2018. The Lao government has approved the new monthly minimum wage, an increase of eleven per cent, according to an announcement of the Prime Minister’s Office, the […]
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Thailand
