KUALA LUMPUR: Finance Minister Lim Guan Eng has urged banks in Malaysia to ease their lending requirements to reduce the difficulties faced by individuals and businesses to secure financing. “Banks should be more more flexible in their lending arrangements. We get many complaints about banks being very conservative in lending, although they recorded huge profits […]
Read MoreGRAB is stepping up its efforts to court micro-entrepreneurs and small and medium enterprises (SMEs). On Tuesday, the firm launched a slew of financial services targeted at businesses, including an online payment checkout system and a deferred payments product for users of its platform. It will also roll out its insurance marketplace next month, in […]
Read MoreBusiness confidence recovered in February, boosted by the long-awaited general election on Sunday and the return of Chinese tourists. The Thai Chamber of Commerce (TCC) confidence index, a gauge of nationwide business sentiment, edged up to 48.5 points after dipping to 48 points in January, the lowest in three months, from 48.4 in December, 48.3 in […]
Read MoreRide-hailing app taxi drivers have threatened to take to the street if their proposed fare of Rp 3,000 (21 US cents) per kilometer is rejected by the government, which plans to issue a fare decree on Friday. “We have no other choice. Our demand is Rp 3,000 gross or Rp 24,000 net,” said Igum Wicaksasono […]
Read MoreKUALA LUMPUR: The Pakatan Harapan government must provide more clarity on its succession plan for the prime minister’s post in order to raise investor confidence in the economy, according to tycoon Ho Kwon Ping. Speaking at the Invest Malaysia forum, Ho pointed out that it was still unclear on the exact timeline for Tun Dr […]
Read MoreMANILA, Philippines — More than half of Philippine companies expect the Expanded Maternity Leave Law to affect their decision in hiring women, a survey of the Employers Confederation of the Philippines (ECOP) showed. Preliminary results of the ECOP survey were presented at the Philippine Exporters Confederation Inc.’s first quarter general membership meeting Tuesday, which showed 68 percent of the 70 respondents […]
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Thailand
