The Indonesian government is going on a streak to weather down external shocks affecting the country’s economic performance. After Bank Indonesia raised its seven-day repo rate by another 25 basis points to six percent on Thursday, the government announced on Friday that it had launched the 16th economic package aimed at relaxing regulations pertaining to investment. […]
Read MoreSoutheast Asia’s centennials prefer to research products and shop online, while still choosing to pay with cash on delivery, a recent survey has found. Global communications network Dentsu Aegis Network, in collaboration research agency Econsultancy, launched at the end of October a survey titled “Here Comes the Centennial: Southeast Asia’s New Generation of Shoppers”, which […]
Read MoreLocal tourists travelling to the main destinations during the three-day Water Festival are expected to greatly increase, as insiders say hotel and guesthouses are fully booked. The northeastern provinces, Siem Reap and the coastal provinces are expected to attract more tourists during this period. Srey Leak, a receptionist at Siem Reap’s Angkor Pal Boutique Hotel, […]
Read MoreThe Hanoitimes – Retail banking and financial services contributed largely to positive business performance of Vietnamese banking sector in the first half of 2018. A growing number of foreign banks have shifted their focus on Vietnam’s retail banking sector, while local banks saw positive business performances in 2018. CIMB Bank, the best retail bank in Malaysia […]
Read MoreCambodia and Thailand have agreed to promote the use of single visa for foreign tourits, particularly among those traveling within the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) countries. In the second Cambodia-Thailand tourism Ministers meeting held in Kampot, the two sides said they planned to bring up the idea of using ACMECS single visa for foreign tourists […]
Read MoreKUALA LUMPUR: Despite recording a moderate gross domestic product (GDP) growth of 4.4% in the third quarter (Q3) of this year, analysts and economists remain confident of Malaysia’s future prospects, suggesting that domestic demand and the private sector will be the key drivers of economic growth, going forward. On Friday, Bank Negara announced that the country’s GDP stood […]
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