The Hanoitimes – Foreign finance groups are eager to join Vietnam’s fruitful fintech market, which is still at early stage but is forecast to reach nearly US$8 billion in 2020 thanks to surging internet and smartphone penetration, burgeoning e-commerce sector and increasingly supportive regulatory environment. CEO of Lotte Card Kim Chang-kwon has recently said that with […]
Read MoreBy 2030, 72% of university graduates in Thailand could be either unemployed or working in a job that does not require a bachelor’s degree as their jobs will have been taken away by artificial intelligence (AI) and robots, according to Udom Kachinthorn, Deputy Minister of Education. “Thus, if Thai universities do not adapt and cannot build […]
Read MoreBank Indonesia is in the process of standardizing payments using QR codes by forming a special working group that includes representatives of payment service providers. BI sought industry input following its completion of the first phase of the standardization pilot test, according to PT Rintis Sejahtera executive vice president for marketing Hermawan Tjandra. Anthoni Morris, the […]
Read MoreMANILA, Philippines — The head of the Philippine Food Processors and Exporters Organization (Philfoodex) wants the government to review current policies, particularly on agriculture, that could help bring down rising costs. In a press conference, Philfoodex president Roberto Amores said that the rising inflation number is a “wake up call” for the government. “Wake up […]
Read MoreSINGAPORE: One of the world’s easiest places to do business, the city state is making it simpler for investment managers to register funds locally as it goes after a bigger slice of the US$69 trillion global asset-management industry. While many asset managers have offices in Singapore, most of their funds are still registered in offshore jurisdictions. A […]
Read MoreJuly and August were busy months for condominium developers in Bangkok, with 11,600 new units launched, bringing the total to 33,395 for the first eight months of 2018. The two-month total was 37% higher than for the entire second quarter of this year, and many more developments are in the pipeline for this month. Consequently, […]
Read More
Thailand
