Indonesia’s digital economy is expected to almost double in value from Rp 814 trillion last year to Rp 1.447 quadrillion (US$101 billion) by 2024, a recent study says. The joint study by the Institute for Development of Economics and Finance (Indef) and non-profit research foundation Laboratorium Data Persada has found that the digital economy generated added […]
Read MoreTinh Tinh E-commerce, Cambodia’s first state-backed online marketplace, officially launched last week. For in depth analysis of Cambodian Business, visit Capital Cambodia The e-commerce platform, hailed by developers as the Kingdom’s biggest, is owned by Cambodia Post E-Solutions PLC – a venture of Cambodia Post – Chinese firm ZVS Investment, and local tech company Paxxa Mobile […]
Read MoreThe Foreign Ministry has asked the government to review the economic ministers’ proposal to offer a visa waiver to Chinese and Indian tourists as a part of the government’s economic stimulus package. The ministry has voiced opposition to the measure proposed by the Tourism and Sports Ministry, citing national security considerations. Last Friday, a meeting […]
Read MoreMANILA, Philippines — Asia’s largest low-cost airline AirAsia is set to remove processing fees for the Philippines starting next year to keep air travel affordable. The AirAsia Group, in a statement over the weekend, said it will remove processing fees for Malaysia for bookings made from Oct. 1 and for Thailand, Indonesia and Philippines by […]
Read MoreActive bond trading and new debenture issuance are expected before the 15% withholding tax imposed on fixed-income funds takes effect on Tuesday, in order to avoid the latest tax tweak aimed at reducing inequality. Trading liquidity of debt securities is expected to dwindle in the secondary market after the effective date, since fixed-income funds make […]
Read MoreThe Hanoitimes – Vietnam, along with Singapore and Indonesia, has been named as the top countries where organizations see Belt and Road Initiative opportunities, according to PricewaterhouseCoppers. In the first half of 2019, Vietnam drew US$1.6 billion from investments related to China’s Belt and Road Initiative (BRI), ranking fourth among Southeast Asian countries, according to a […]
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Thailand
