The e-commerce market in Southeast Asia is forecast to be worth at least UScopy02 billion by 2025, according to the latest “e- Conomy of Southeast Asia” report by Google and Singapore-based Temasek. The report also notes the growing confidence among investors in the region, with startups raising $9.1 billion in the first half of last year, […]
Read MoreAsean insurers offering cross-border Marine, Aviation and Goods in Transit (MAT) insurance have been identified as servicing one of the three lines of insurance important to the development of Asean economies under the Asean Insurance Integration Framework (AIIF). The other two are: catastrophe reinsurance and reinsurance. In this regard, Asean member-countries have committed to “open” […]
Read MoreTHE Bank Islam Brunei Darussalam (BIBD) intensified its efforts in promoting cashless payments in Brunei by launching an integrated payment solution with Makan Ceria Sdn Bhd at McDonald’s Brunei Gadong Branch last Friday. The integration of the point-of-sale (POS) terminal with cash register system enables entering cashless payment details in cash register system, which will […]
Read MoreMANILA, Philippines — The increase in consumer prices slowed further in April, hitting its lowest level in 16 months primarily due to the falling cost of food, housing and utilities, the Philippine Statistics Authority (PSA) reported yesterday. The headline inflation eased to three percent from 3.3 percent in March 2019 and 4.5 percent in April […]
Read MorePETALING JAYA: International rating agencies are confident Malaysia will meet its fiscal targets, particularly the 3.4% fiscal deficit-to-gross domestic product (GDP) ratio this year, according to the Finance Ministry (MoF). The ministry issued a statement yesterday following Finance Minister Lim Guan Eng’s recent visit to the United States in April, where he engaged with international […]
Read MoreThe digital transformation of Thai small and medium-sized enterprises (SMEs) was ranked third out of six countries surveyed in Asean, following Malaysia and Singapore, according to a study commissioned by Cisco Systems. Cisco partnered with the Office of Small and Medium Enterprise Promotion (Osmep) to increase the digital capabilities of 200,000 local SMEs, which partly contributed […]
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Thailand
