With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. This potential tipping point could mean the end to Cambodia’s status as one of the most underbanked nations in […]
Read MoreWASHINGTON (BLOOMBERG) – South Korea returned to first place in the latest Bloomberg Innovation Index, while the US dropped out of a top 10 that features a cluster of European countries. South Korea regained the crown from Germany, which dropped to fourth place. The Asian nation has now topped the index for seven of the […]
Read MoreMANILA, Philippines — The country’s surplus of dollars more than doubled to an all-time high of $16.02 billion last year on the back of higher foreign borrowings by the national government to cushion the impact of the global health crisis, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Benjamin Diokno said the balance of […]
Read MorePETALING JAYA: Malaysia is still on track to achieve its gross domestic product (GDP) growth target of between 6.5% and 7.5% for 2021 despite a further extension of the movement control order (MCO 2.0), as the various stimulus packages and impending vaccine rollout will help steer the country towards recovery. Finance Minister Tengku Datuk […]
Read MoreThe Finance Ministry is preparing to amend the soft loan decree to allow greater low-interest loan access for small and medium-sized enterprises (SMEs). The ministry and the Bank of Thailand have agreed in principle to amend the decree, but a proposal has to be submitted to the parliament’s commission committee before any amendment can be […]
Read MoreDelivery firms and drivers are ‘burning candles at both ends’ as the number of orders during the pre-Tet sales season has soared. Do Quang Hung, a deliveryman, said he has to be present at a storehouse in Hoang Mai district in Hanoi to take goods to deliver to customers. Hung said the number of orders […]
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Thailand
