The Thai Bankers Association or TBA expects to use digital ID by March this year, the association’s chairman of payment systems, Yos Kimsawate, said recently. He added that the first phase of digital ID will use electronic customer identification, or e-KYC, to open accounts, and could be in place as early as this March. A […]
Read MoreMANILA, Philippines — Foreign selling pulled down the market yesterday, sending the index below the 8,000 mark. The benchmark Philippine Stock Exchange index tumbled by 76.83 points, or 0.97 percent, to close at 7,833.75. The broader All Shares gauge, meanwhile, was down 38.71 points, or 0.80 percent, to end at 4,802.89. The sectoral indices fared […]
Read MoreThe Hanoitimes – In January, Vietnam imported a total of 11,658 cars worth US$274 million, up 47-fold compared to the same period of last year. Car sales Vietnam are reported at 33,484 units in January, down 2% month-on-month but up 27% against the same period of last year, according to a monthly report by Vietnam Automobile […]
Read MoreThe Hanoitimes – The fast-changing nature of Vietnam’s e-commerce environment requires timely modification of related regulations. Vietnam’s fast-growing ecommerce has exposed shortcomings in the current legislation, posing challenges for both government agencies and users, Cong Thuong newspaper, run by the Ministry of Industry and Trade, reported. Huge potential for growth Total revenue of Vietnam’s e-commerce in […]
Read MoreThe Hanoitimes – US-based Hasbro, the world’s leading toymaker, planned to reduce its production capacity in China to 60% by 2020, compared to 69% in 2018 and 86% in 2012, with Vietnam among its alternative destinations. The ongoing US – China trade friction is causing negative impacts on US toymakers, forcing some major brands to consider […]
Read MoreIf the Indonesian government increases the fares of ride-hailing services too high to please the drivers, it could turn away customers who find them no longer economical. That’s the finding of a study by the Research Institute of Socio-Economic Development (Rised), which concluded that more than 70 per cent of current customers would cease using […]
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Thailand
