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Cambodia: Peer-to-peer Singapore lender launches services in Kingdom

Recently established peer-to-peer (P2P) lending marketplace, Singapore-based Rai Capital, has  announced its official launch in Cambodia. Licensed and regulated by the Securities and Exchange Commission of Cambodia (SECC), Rai Capital is a joint venture with Goldbell Financial Services, one of Singapore’s leading non-bank business finance providers. It is designed for micro-entrepreneurs and individuals to promote […]

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Indonesia: More research, better human resources needed to boost manufacturing industry

The government needs to ramp up research and development (R&D) and develop human resources in the manufacturing industry, the business sector contributing the most to gross domestic product (GDP), to support the country’s economic recovery, experts have stated. “The government must take a more active role in spearheading R&D to facilitate job creation and attract […]

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Malaysia: Consumer-driven rebound next year

PETALING JAYA: Although the country’s economy is set to rebound next year, it is still not out of the woods, according to economists. Domestic and external factors could dampen gross domestic product (GDP) growth. However, the stimulus as well as fiscal measures under Budget 2021 could enable the economy to stage a rebound. Economists are projecting a […]

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Philippines faces more uncertainties, says JAZA

MANILA, Philippines — The Philippines is facing more uncertainties even as economic and social reopening starts to take shape in the country, according to Ayala Corp. chairman Jaime Augusto Zobel de Ayala. He said that while emergency measures – from both the public and private sectors – helped alleviate the crisis and allowed an initial […]

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