The Hanoitimes – This resulted in a total amount of capital injected to the economy in the January – November period of VND3,400 trillion (US$146.92 billion). In the first 11 months of 2018, Vietnam has seen a total of 121,248 enterprises registered for new establishment, up 4.5% year-on-year, with registered capital of a combined VND1,200 trillion […]
Read MoreDue to robust national growth and moderating risks in the financial sector, credit rating agency Standard & Poor’s has revised the Banking Industry Country Risk Assessment (BICRA) economic risk trend for Cambodia to stable from negative. Despite the positive assessment, the sector remains “high risk” due to excessive loan growth, S&P said. In a report […]
Read MoreThe Industrial Promotion Department wants 20,000 small and medium-sized enterprises (SMEs) and startups to operate their businesses online in 2019. The new target is a marked increase from the previous goal of 5,000 companies as the department has a duty to encourage SMEs and startups to embrace e-commerce. The SMEs and startups span many sectors, […]
Read MoreThe e-commerce battlefield will intensify as five key platforms — search engine, social media, chat messaging, payment and pure e-commerce provider — jump on the bandwagon, driving further cross-border business in Thailand. In 2019, Google Shopping, Facebook Marketplace, Line and Facebook Messenger will further integrate with e-payment. Kasikornbank (KBank) will also expand with K- Market, said Thanawat […]
Read MoreThe tax allowance for shopping will cover three groups of products, and the maximum purchase amount eligible for the allowance is capped at Bt15,000, Finance Minister Apisak Tantivorawong has announced. Speaking last night, he said the allowance would cover tyres made in Thailand, as the government wants to help rubber farmers who have suffered from […]
Read MoreSoutheast Asia’s consumer economy will soon be transformed by the rise of the “mass affluent” as tens of millions from the middle class join their ranks, according to a new report by The Boston Consulting Group (BCG). In the report Beyond the “Crazy Rich”: The Mass Affluent of Southeast Asia, the mass affluent was described as an […]
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Thailand
