SINGAPORE, Sept 15 — Amid longstanding calls to set a minimum age for private-hire car drivers, all new private-hire car driver’s vocational licence (PDVL) applicants must be Singaporeans who are at least 30 years old at the point of application, the Land Transport Authority (LTA) announced with immediate effect today. They must also have a […]
Read MoreReports of Chinese e-commerce giant Alibaba’s move to invest in ride-hailing and delivery player Grab have sparked concerns about market domination by two gigantic players in the Thai market. The move, in the eyes of the industry analysts, could potentially threaten other key e-commerce players, such as Shopee and JD Central, and dominate retail business […]
Read MoreMany listed banks witnessed weak performance of fee income growth in the first six months of the year due to the Covid-19 pandemic. Payment fees and card fees are expected to maintain growth momentum upon the promotion of non-cash payment, as banks are focusing on the retail segment and digital transformation, according to Viet Dragon […]
Read MoreThe high-rate of special tax of 10-25 percent on oil for production is one of the burdens facing the advancement of manufacturing industries in Cambodia that have a target to increase added-value by using machinery in the production chain, according to the Japanese Business Association of Cambodia (JBAC). JBAC said the total taxable amount of […]
Read MoreMANILA, Philippines — Remittances from overseas Filipino workers (OFWs) declined by 2.4 percent to $16.08 billion from January to July compared to $18.66 billion in the same period last year, according to the Bangko Sentral ng Pilipinas (BSP). “The lower actual decline (of 2.4 percent) is a huge departure from many pessimistic forecasts that remittances […]
Read MoreThe Hanoitimes – The EU is the second largest import market in the world, accounting for 14.9% of total global imports, and Vietnam’s second largest export market. With Vietnamese goods currently only account about 2% of the EU’s imports, the room to increase exports to this market remains large with the presence of EU – Vietnam […]
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