KUALA LUMPUR, Sept 22 — The number of countries developing central bank digital currencies (CBDCs) has dramatically increased as consumer preferences for digital payments, which are already on the rise, shift more rapidly as a result of the Covid-19 pandemic. Moody’s Investors Service, in its sector in-depth report, said the advancement of CBDCs has also […]
Read MoreThailand has set an ambitious plan to jump into the top 30 in the Global Innovation Index (GII) by 2030 while the country climbed one place to 43rd in the 2021 index recently released by the World Intellectual Property Organisation. “We have seen improvement in the innovation ranking but more work needs to be done […]
Read MoreThe Cambodia Pepper and Spices Federation (CPSF) in collaboration with USAID-funded Feed the Future Cambodia Harvest II “Harvest II” launched on Monday the “Virtual Export Mission to the Middle East and North Africa”, a new digital export programme aiming to provide significant assistance and expertise to Cambodian businesses and establish exports to the Middle Eastern […]
Read MoreMANILA, Philippines — Fitch Solutions Country Risk & Industry Research expects the peso to weaken further to 51 to $1 next year as the Philippines continues to struggle to contain the pandemic. In a commentary, the research arm of the Fitch Group said it has revised its peso forecasts to 49.20 to $1 from the […]
Read MoreThe baht opened at 33.39 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.37. The Thai currency is likely to move between 33.35 and 33.50 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht might weaken by the risk-off pressure from the currency market in the […]
Read MoreIt’s unreasonable to close a factory with thousands of workers when only one positive case is found, officials have said. At an online conference discussing solutions to help enterprises in industrial zones (IZs), export processing zones (EPZs) and hi-tech zones on September 20, 2021, a representative of Nidec Vietnam proposed that enterprises should not be […]
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