The Hanoitimes – It would be challenging to fulfill the government’s plan of selling SOEs in 2018, in which at least 85 state firms must complete the transference to private hands by the end of this year. Hanoi and Ho Chi Minh City have plans to sell 14 and 39 state-owned enterprises (SOEs) in 2018, respectively, […]
Read MoreAs the digital revolution continues its march, traditional banks are facing challenges from uncharted sectors. If you’re familiar with PayPal, or even local remittance facilities like Palawan Express Pera Padala, you’ll realize why many Filipinos are less keen on having a bank account. According to the Bangko Sentral ng Pilipinas’ Financial Inclusion Survey made public […]
Read MoreSINGAPORE: Southeast Asia’s internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their smartphones to go online. The study, first published in 2016, encompasses ride-hailing, e-commerce, online travel and online media. The latest report released on Monday adds new sectors such as […]
Read MoreTHE BOARD of Investment (BoI) maintains its Bt300 billion total investment target in the Eastern Economic Corridor (EEC) by the year-end and is releasing new investment packages to woo investors. In the first nine months of this year, Bt230.55 billion has been invested in the EEC, showing an increase of up to 117 per cent […]
Read MoreThird-quarter economic growth surprised, with a flat reading from the previous quarter, the weakest since the first quarter of 2014 when the economy shrank 0.4%, as exports and tourism cooled. The National Economic and Social Development Board (NESDB) reported Monday that the country’s GDP showed no growth in the third quarter from the second, on a seasonally […]
Read MoreTechnology companies Google, Cisco Systems, Lazada, Microsoft, SEA Ltd, GrabTaxi, and PT Tokopedia plan to train some 20 million people in small and medium enterprises (SMEs) across Asean to develop their digital skills by 2020. The pledge to train the people is part of World Economic Forum (WEF)’s Digital Asean initiative, the forum said in […]
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Thailand
