Despite Asean’s fast-growing economy, the regional bloc faces challenges in digital development to maintain a competitive edge and requires infrastructure investment and labour skill upgrades to keep pace with business needs. Technology transfers are also essential for small and medium-sized businesses. “Investment in infrastructure such as electrical and digital networks supports regional growth and connects […]
Read MoreChina’s Belt and Road Initiative (BRI), seen most visibly in Myanmar through a proposed “economic corridor” between the two countries, requires government and media scrutiny and regulations to ensure projects are done in a socially and environmentally responsible way, an international think-tank says. Transnational Institute, an Amsterdam-based think-tank focused on building a just, democratic and […]
Read More[KUALA LUMPUR] Malaysia’s current account surplus fell to RM11.5 billion (S$3.78 billion) in the third quarter from RM14.3 billion in the previous three months, the central bank said on Friday. Portfolio investment saw a net outflow of RM26.8 billion, compared with a net outflow of RM10.2 billion in the second quarter of 2019. REUTERS
Read MoreDEVELOPERS in Singapore sold 928 private homes in October, down 27 per cent from the 1,270 units moved in September. However, at 1,714 units, there were more units launched for sale in September. In comparison, 892 units were released for sale in October, about half that of the previous month. Meanwhile, the number of units […]
Read MoreMANILA, Philippines — The country’s group of vehicle assemblers achieved its highest monthly sales for the year in October, up nearly four percent from a year ago amid higher demand for both passenger cars (PC) and commercial vehicles (CV). Data released yesterday showed combined sales of the Chamber of Automotive Manufacturers of the Philippines Inc. […]
Read MoreThe Hanoitimes – Most Vietnamese banks are still struggling to comply with the banking authority’s regulations related to digital transformation, particularly those concerning the management of third-party risks. Digital transformation has given rise to increased outsourcing of operations and services by banks to third-party vendors, leading to growing information security threats. Experts, therefore, urged local banks […]
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Thailand
