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Online mortgage broker platform launches in Philippines

MANILA, Philippines — Mortgage broker Nook yesterday launched its online platform, which seeks to provide a seamless loan application process for Filipinos looking to purchase housing units. “After more than a year of preparation and development, Nook is officially launching today and we’re bringing mortgage brokering services to the Philippines’ housing loan market,” Nook chief […]

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M’sians set to embark on cashless journey via e-wallet

KUALA LUMPUR: The e-Tunai Rakyat programme kicked-off on a high note yesterday, with all three e-payment platforms involved reporting a surge in the number of users. Touch n Go eWallet, Boost and Grab Pay said that traffic volume had increased significantly since the programme commenced yesterday morning. “As of 12pm today (yesterday), our app has […]

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Indonesia to become Asean’s biggest stock market

BANGKOK: Indonesia, Southeast Asia’s largest economy, is finally poised to take the title of the biggest equity market in the region. Its market value of $529 billion has nearly matched that of slumping Thailand, which snatched the top spot from Singapore in May, buoyed by a strengthening baht. With its currency giving back some gains […]

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Thailand: Working-age population decreasing: NESDB

The working-age population will witness a downward trend, from 43.2 million to 36.5 million, with the rate of newborns at -0.2 per cent, the National Economic and Social Development Board (NESDB) said. The NESDB forecasts that the Thai population will increase from 66.5 million to 67.2 million by 2028, but will then decrease by 0.2 […]

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Thailand: Baht’s moves dodge US watch list

Thailand again managed to avoid placement on the US watch list for currency manipulation, while the Bank of Thailand affirmed that steps have been taken to curb the baht’s gain with an almost US$80-billion increase in foreign reserves over the past five years. According to the US Treasury Department’s report to Congress on “Macroeconomic and […]

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