The Financial Services Authority (OJK) is set to issue a regulation on equity crowdfunding platforms by the end of the year in response to a boom of these platforms facilitated by financial technology (fintech) firms. Under the planned regulation, a company using a crowdfunding platform is required to disclose its targeted capital and, if it fails to meet the target, the platform […]
Read MoreThe draft cybersecurity bill, which is yet to be completed, is being promoted as an attempt to expand Thailand’s cybersecurity infrastructure, protect national security interests and crack down on cybercrime. Growing public backlash against the bill is causing tremors both online and offline because of concerns over the abuse of power and data privacy breaches. The […]
Read MoreDIGITAL government transactions – such as applying for HDB (Housing and Development Board) flats and checking CPF (Central Provident Fund) balances – can now be conducted more easily and securely with the launch of the SingPass Mobileapp. Available for download on Monday, SingPass Mobile is an additional option for SingPass users to log in through 2-Factor Authentication (2FA), […]
Read MoreHANOI – The competition was growing fierce in Vietnam’s e-commerce market, which is anticipated to reach US$10 billion by 2022. Shopee has beat Lazada to become the top e-commerce platform by traffic in the third quarter of this year, according to the Map of E-commerce in Vietnam recently published by Iprice Insight. Statistics showed that Shopee […]
Read MoreThe Commerce Ministry is scheduled to submit to the cabinet meeting early next month a proposal to remove three service businesses from List 3 of the Foreign Business Act (FBA) to facilitate foreign investment in Thailand. Vuttikrai Leewiraphan, director-general of the Business Development Department, said the removal will not hurt Thai companies because the services will […]
Read MoreMANILA, Philippines — The recent downward adjustment made by the Philippine government in the economic growth forecast for this year is still too conservative considering the challenges faced by the economy, according to London-based Capital Economics. The Development Budget Coordination Committee (DBCC) last week lowered the country’s GDP growth forecast to a range of 6.5 […]
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Thailand
