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Cambodia: 7-Eleven opens first store in Phnom Penh

CP ALL (Cambodia), a master franchise of 7-Eleven stores in Cambodia, debuted its first store yesterday in Phnom Penh’s Chroy Changvar area. The opening ceremony was attended by Minister Chancellor (Commercial) at the Thai embassy in Phnom Penh Jirawuth Suwanna-Arj. The firm failed to open the first store at the promised date in June this […]

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Philippines: Digital-only OF Bank reports deposit accounts growth amid pandemic

MANILA, Philippines – Opening bank accounts through one’s smartphone allowed Overseas Filipino Bank to grow its depositor base, as digital banking looks to gain ground nationwide. The bank, considered the first government-owned digital bank, said 25,648 new deposit accounts were created from January to July. Through an onboarding system bolstered by artificial intelligence, which did […]

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CLMVT strategy refined

With the Covid-19 pandemic expected to leave long-term impacts on global investment patterns and consumer behaviour, the CLMVT countries are counting on closer economic cooperation within Southeast Asia to help them benefit from each other’s strengths. That cooperation will help the region keep up with megatrends such as persistent geopolitical tension, fast changing technology and […]

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