Across Asean, Thailand had the highest proportion of respondents prioritising technology investments in 2020, as small businesses in the region count on technology to help them overcome the impact of the Covid-19, a survey by United Overseas Bank (UOB) found. Technology was ranked the top investment priority for 2020 by two in three (64%) small […]
Read MoreHaving been criticised for its position toward China, the world’s second largest economy, from where most of its foreign debt has come for years, Cambodia is now more likely to change its foreign loan sources to boost economic growth. According to a government official, the Kingdom is looking towards other sources such as Japan, South […]
Read MoreThe government has issued a regulation that gives the Indonesian Deposit Insurance Corporation (LPS) more room to manage its own liquidity and to prevent banks from failing in an effort to help strengthen the country’s financial system stability. Under Government Regulation (PP) No. 33/2020 on the LPS’ authority in imposing measures to deal with financial stability […]
Read MoreMANILA, Philippines – The government should tighten its enforcement measures and strengthen its legal backbone to prevent more cases of fraud in the Philippine financial system, according to the Department of Finance (DOF). In a text message to reporters, Finance Secretary Carlos Dominguez said concerned government authorities must improve their law enforcement efforts against perpetrators of […]
Read MoreCambodian business owners have been given approximately one month notice to prepare for five days of public holidays scheduled from Aug 17 to 21, according to a government sub-decree seen by Khmer Times over the weekend. The new holidays are in lieu of the traditional Khmer New Year break held in April that was cancelled this year […]
Read MoreWith the world racing to fight the COVID-19 pandemic, Indonesia may miss an opportunity to increase its role in the global value chain of the pharmaceutical industry because of regulatory issues, a think tank has said. According to the Center for Indonesian Policy Studies (CIPS) highlighted, the lack of government enforcement on the mandatory local […]
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Thailand
