Saving and lending cooperatives, locally known as simpan-pinjam, have dominated grassroot-level financing for decades in Indonesia, but they are now tussling with technology as they compete with internet-based lenders. Some of the cooperatives are opening up to new technology by partnering with fintech lenders. For example, Koperasi Syariah Benteng Mikro Indonesia (Kopsyah BMI) in Tangerang, Banten, […]
Read MoreNEW laws will be tabled in Parliament some time this year to prohibit the sale of media streaming boxes with “add-on” services that help consumers access pirated content. This clarity comes on the heels of a three-year review by the Ministry of Law (MinLaw) and the Intellectual Property Office of Singapore (Ipos) of Singapore’s copyright […]
Read MoreKUALA LUMPUR: Real wages in Malaysia are expected to grow by 3.6 per cent in 2019, a slight increase from 3.5 per cent predicted last year, adjusted for an inflation rate of 1.4 per cent, according to the Korn Ferry 2019 Salary Forecast. The forecast issued on Thursday said all sectors surveyed are expected to see an increase in median […]
Read MoreThe Stock Exchange of Thailand (SET) plans to apply for a digital asset operating licence from the Finance Ministry, aiming to open a new exchange and become an authorised digital asset exchange this year. The bourse wants to catch the growing investment trend of digital assets, said Pattera Dilokrungthirapop, chairwoman of the Association of Securities Companies […]
Read MoreAir conditioner imports from Thailand were valued at about US$16 million last year – a fraction of the total US$5 billion Thailand earned from its air conditioner exports to international markets, Thailand’s Department of International Trade Promotion at the Ministry of Commerce said. The department’s deputy head Witt Maneenetr said most of the air conditioners […]
Read MoreJAPAN’S Shinwa Group is using Thailand as the springboard for the sale of its innovative construction technology to property developers throughout the Asean region. The expansion strategy will be pursued by its investment arm for the region, Shinwa Real Estate (Thailand) Co Ltd, with expectations for sales of its building technology, known as Runesu, to […]
Read More
Thailand
