SINGAPORE – For the seventh consecutive year, Singapore has retained the top spot as Asia-Pacific’s most innovative nation in the latest Global Innovation Index. The annual index – released by the World Intellectual Property Organisation, Cornell University and Insead – ranks 131 economies according to their capacity for, and success in, innovation. The ranking is based […]
Read MoreMANILA, Philippines (UPDATE 2 1:34 p.m., Sept. 3) — The number of jobless Filipinos went down nationwide in July after lockdown measures were eased, but a disproportionate rise in unemployment in the key economic center of Metro Manila disrupted what could have been a broad recovery. A tenth of people in the labor force did not have a job […]
Read MoreThe country cannot lock itself down to avoid foreign tourists and investors just to keep local transmissions at zero, says Deputy Prime Minister Anutin Charnvirakul. “We will either die of the disease or of hunger, so we have to face the challenge,” said Mr Anutin, who is also the public health minister. The country has […]
Read MoreThe Transportation Ministry has urged city and provincial administrations to regulate the use of electric scooters (e-scooters) and similar vehicles as their popularity grows. The local regulations should include sanctions for violations of e-scooter policies, said Budi Setiyadi, the ministry’s land transportation director general, on Monday. The ministry issued Transportation Ministerial Regulation No. 45/2020 on electric […]
Read MoreKUALA LUMPUR: The Ministry of Domestic Trade and Consumer Affairs is considering a proposal to reduce the start-up capital of franchise business to only RM50,000 to facilitate micro-entrepreneurs, especially those who are keen to venture into the franchise sector. Ministry deputy secretary-general Dr Alauddin Sidal said this was due to the fact that most new […]
Read MoreLending interest rates have decreased significantly, but many businesses still cannot access bank loans at low costs. According to the State Bank of Vietnam (SBV), dong interest rates are hovering around 0.1-0.2 percent per annum for demand deposits and less than 1 month deposits. The highest interest rate, 7.3 percent per annum, is offered to […]
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Thailand
