MYANMAR, Cambodia and the Philippines pose the highest risks for alternative lending models in South-east Asia, a peer-to-peer funding platform has said in a ranking of regional opportunities, but it pegged Indonesia as a promising market for growth. Still, with a business model aimed at under-banked clients, Latvia-based Robocash – which also has offices in […]
Read MoreSINGAPORE inflation missed industry forecasts in January, hampered by a sharper fall in the cost of retail and other goods, according to consumer price index (CPI) data out on Monday. Core inflation, a central bank metric that excludes private transport and accommodation costs, was 0.3 per cent – slowing from the 0.6 per cent clocked […]
Read MoreYANGON, Feb. 23 (Xinhua) — Myanmar’s Yangon Region Investment Committee (YRIC) recently approved 16 foreign investment businesses for the region, according to the Directorate of Investment and Company Administration (DICA) late Saturday. A total of 28.507 million U.S. dollars of foreign investments from China, Seychelles and Estonia as well as 3 billion Kyats (2 million […]
Read MoreThe EU has expressed interest in pursuing a number of free trade agreements (FTAs) in the region, not only with Thailand but eventually with Asean as a whole, says EU-Asean Business Council Chairman Donald Kanak. While Thailand and the EU have engaged in exploratory talks about a potential FTA, there has been no announcement about […]
Read MoreWHILE production has resumed for the manufacturing sector in China, analysts are expecting slow recovery for Singapore-listed companies with facilities there. In order to contain the Covid-19 outbreak, Chinese authorities had extended the week-long Chinese New Year holidays with businesses only allowed to resume operations in their Chinese facilities from Feb 10. The authorities also meted […]
Read MoreThe Hanoitimes – In five years, Vietnam’s contribution to total revenue of Central Retail, a subsidiary of Central Group, is predicted to rise from the current 17% to 25%. Central Retail, a subsidiary of Thailand’s retail conglomerate Central Group, is expected to expand business activities in Vietnam after raising a record high of US$2.46 billion from […]
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