The Hanoitimes – Foreign ownership limit could affect the attraction of foreign direct investment (FDI) in the field of intermediary payment services in particular and fintech in general. After having sought public opinion for the draft decree on non-cash payment, the State Bank of Vietnam (SBV), the country’s central bank, has opted to discard the requirement […]
Read MoreMinister of Commerce Pan Sorasak on Tuesday called for Thai investors to tap the vast potential and business opportunities in the country to boost two-way trade to $15 billion in 2020. Speaking at a seminar entitled 2020s Decade of Challenging Economic and Trade Growth between Thailand and Cambodia: In Depth Views from Experts’ Perspectives in Bangkok on […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) has secured over 100,000 N-88 masks from the country’s lone manufacturer, Medtecs International Corp. Ltd. In a statement yesterday, DTI said it got the partial supply or 125,000 N-88 masks from Medtecs. Of the 125,000 N-88 masks, 70,000 pieces were delivered and immediately donated to […]
Read MoreSINGAPORE: Singapore could see a 25% to 30% decline in tourist arrivals and spending this year because of the coronavirus outbreak, as the industry braces for a worse impact than the 2003 SARS pandemic, the city’s tourism chief said. The city-state is losing about 18,000 to 20,000 tourists a day, and the figures could plummet […]
Read MorePETALING JAYA: The Malaysian economy could take a turn for the worse, economists warned as some anticipate growth to drop below the 4%-mark in the fourth quarter (Q4)of 2019. In such a case, this would be the weakest quarterly economic performance since the Pakatan Harapan government took office in May 2018. CGS-CIMB Research, which expected […]
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