The reopening of international air routes, slated for January 1, will give more opportunities for passengers to fly to Vietnam. The Government has agreed to resume routine international flights carrying passengers to destinations with a high safety level, including Beijing, Guangxi (China), Tokyo (Japan), Seoul (South Korea), Taipei (Taiwan, China), Bangkok (Thailand), Singapore, Vientiane (Laos), […]
Read MoreIndonesia’s central bank has launched a retail payments system designed to cut the cost of money transfers. The BI-Fast system will enable real-time money transfers of up to 250 million rupiah, at a maximum transaction cost of 2500 rupiah – 4000 rupiah cheaper than using the old system. The pandemic has led to a digital […]
Read MoreMANILA, Philippines — The country’s balance of payments (BOP) position reverted to a deficit in November as the national government paid more foreign obligations, according to the Bangko Sentral ng Pilipinas. BSP data showed the Philippines incurred a BOP deficit of $123 million in November, a reversal of the $1.47 billion surplus recorded in the […]
Read MoreThe country’s use of cash is expected to decline by 4% in 10 years and 15% in 20 years as more Thais shift to e-payment, according to a Bank of Thailand paper. The central bank predicts cash usage will continue to decline over the long term, replaced by e-payment. In 2030, cash usage is expected […]
Read MoreKUALA LUMPUR: The government should continue its existing income relief measures to target groups for at least another six months to maintain financial support for the poor and vulnerable group in the near term, said the World Bank Group. Senior economist on Poverty and Equity Dr Ririn Salwa Purnamasari said there is an ongoing need […]
Read MorePPSP is one of the first and biggest SEZ in Cambodia which contributes to the economic development of Cambodia by bringing in more than 95 manufacturing and service companies from 12 different countries and employing more than 32,000 people Inter Logistics (Cambodia) Co., Ltd, a subsidiary of Royal Group of Companies has acquired 45.09% of […]
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Thailand
