The Central Bank of Myanmar (CBM) will consider further liberalising interest rates and allow private banks more freedom to set their own rates to be more competitive, U Soe Min, deputy governor of the CBM told Parliament on Monday. The CBM will seek assistance and advice from the International Monetary Fund in doing so and […]
Read MoreTECH industry stakeholders like to harp on the percentage of all retail sales that e-commerce accounts for year-on-year. Unless referring to the United States, where the Census Bureau says it’s around 11 per cent, or China, where eMarketer believes it’s now a whopping 35.3 per cent, this is usually a low single-digit number. South-east Asia […]
Read MoreSINGAPORE resale condominium and apartment prices remain unchanged for the month of August, while volume of sales fell, according to monthly figures from real estate portal SRX Property released on Tuesday. Overall condo resale prices remained unchanged in August from the previous month. July had seen a 0.5 per cent decline from June, which also […]
Read MoreThe Hanoitimes – Everywhere in the world, the future of the workforce will rely on highly-skilled workers. The situation in Vietnam is no exception, said a PwC’s expert. Companies, including those in Vietnam, should be proactive in upgrading the quality of their workforce for the digital era, while not neglecting the other fundamental obligations that an […]
Read MoreA major hydropower plant built in Laos has started commercial operation. With two power stations, the Nam Ngiep 1 plant generates about 1.6 billion kilowatt-hours of energy per year, Japanese utility Kansai Electric Power Co said on Friday. Nam Ngiep 1 Power Co, the operator of the plant, will supply electricity from the main station […]
Read MoreMANILA, Philippines — Credit growth is expected to pick up this year amid the continued drop in interest rates due to the inflation downtrend, according to Dutch financial giant ING Bank. Nicholas Mapa, economist at ING Bank Manila, expressed hope that the projected 75 basis points rate cut by the Bangko Sentral ng Pilipinas (BSP) […]
Read More
Thailand
