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Thailand: Call for foreign firm perks

The government is being advised to come up with more attractive investment perks to lure foreign companies ravaged by the ongoing trade row to relocate their production bases to Thailand.  Thosaporn Sirisamphand, the secretary-general of the National Economic and Social Development Council (NESDC), said the special investment packages may need to be introduced to attract foreign companies […]

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Vietnam minister contemplates mobile, non-cash money services

Mobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, Vietnamese Minister of Information and Communications Nguyen Manh Hung said at a two-day conference on financial inclusion held in Hanoi on Thursday. The services allow users to transfer and receive money as well as […]

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Philippines lags behind Asean peers in financial sector development

MANILA, Philippines — The Philippines lags behind other member-countries of the Association of Southeast Asian Nations (ASEAN) in terms of the development of its financial sector, according to the Philippine Institute of Development Studies (PIDS). In a new study titled “Financial sector development: A review,” the state-run think tank said ASEAN neighbors like Malaysia and […]

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Cambodia-Indonesia direct flights scheduled for June

Direct flights between Cambodia and Indonesia will begin in mid-June, a move which tourism insiders say will be key in the Kingdom reaching its goal of 6.6 million international visitors this year. The announcement of the direct flights came at a press conference on Saturday in Phnom Penh held by the Ministry of Tourism and […]

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