The country’s financial system is stable and there are no big issues for the baht, the Bank of Thailand (BoT) said on Monday, adding that one “pain point” was limited access to credit for some businesses from financial institutions. Digital banking will help address a problem of access to credit for small-and medium-sized businesses (SMEs), […]
Read MoreMANILA, Philippines — Tariff collected from rice shipments decreased by more than four percent to P11.69 billion in the eight months to August from P12.22 billion a year ago, as the import volume shrank over seven percent. In a report, the Bureau of Customs said the volume of imported rice went down to 1.74 million […]
Read More“Do you accept payment with MoMo?” “Yes” is the question one can hear at many restaurants and supermarkets in HCM City. Life has become more comfortable for people as they don’t have to carry cash when going out or keep small change to make payments. However, digital payments in general and e-wallets in particular are […]
Read MoreTwo giant Thai conglomerates, CP Group and Berli Jucker Plc (BJC), look set to continue their expansion into Cambodia’s retail sector. CP Group is interested in opening its first Tesco Lotus supermarket in the Kingdom according to media reports, citing the Cambodian Business Council in Thailand. Tesco Lotus is “looking for at least three hectares […]
Read MoreThe government of Laos has authorized six companies to trade and mine cryptocurrencies while relevant ministries are to draft regulations governing their use. According to a notice issued by the Prime Minister’s Office, six companies have been authorized to trial mining and trading cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The companies that have been given the […]
Read MoreKUALA LUMPUR, Sept 13 — The ringgit had retraced its gains last week to close weaker against the US dollar today as some investors had retreated to the safe-haven greenback due to expectations that the United States Federal Reserve would begin tapering asset purchases. At 6pm, the local note was traded lower at 4.1490/1515 against […]
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Thailand
