The Laotian central bank and the Soramitsu firm signed an MOU to launch the project to expand financial inclusivity and provide sellers with faster settlement. Japanese financial software firm Soramitsu has announced the signing of a memorandum of understanding with the Bank of the Lao People’s Democratic Republic Payment Systems Department on the launch of […]
Read MorePETALING JAYA: The country’s property market is expected to recover to pre-pandemic levels by 2024, provided there are adequate government incentives, reforms and economic stability. “A lot of international players are relooking our market. It will take time for the new government to introduce policies or reforms, but at the rate things are going, we […]
Read MoreMASK-WEARING will no longer be legally mandated in Singapore, even in public transport and healthcare settings, as the city-state lowers its Disease Outbreak Response System Condition (Dorscon) level to green. Remaining Covid-related border measures will also be removed. These changes will kick in on Feb 13, said the multi-ministry taskforce on Covid-19 on Thursday (Feb […]
Read MoreAuthorities say VIP escort packages on sale in China are difficult to police as the transactions are made outside of Thailand. Thailand might ask Beijing for cooperation, as happened with the crackdown on so-called zero-dollar tours in 2016. Facebook page “Lui Chin”, which exposed the VIP escort sales on Chinese e-commerce sites last month, revealed […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is not ruling out another surprise supply shock after inflation blew past expectations to hit a fresh 14-year high of 8.7 percent in January from 8.1 percent in December. BSP Governor Felipe Medalla said authorities are not ruling out another surprise as inflation for January exceeded […]
Read MoreCambodia was Adidas’ largest garment manufacturer in 2021, overtaking China, as the German sportswear giant turns to Southeast Asia to fulfil its manufacturing needs. Adidas’ incoming chief executive officer will need to tackle the tricky issues of manufacturing in China and the Chinese market, where sales are sliding. Cambodia made 21 percent of Adidas’ sports […]
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