Authorities in Laos have ordered currency exchange businesses to transition into representatives of commercial banks across the country. According to a notice issued by the Bank of Laos (BOL), all authorized currency exchange businesses operating across the country are to work with authorities to become commercial bank representatives. The government aims to improve the efficiency of foreign […]
Read MoreThe ASEAN Digital Masterplan 2025 envisions ASEAN as a “leading digital community and economic bloc” – a bold plan that demands effective investments in infrastructure and skills. The Singapore Institute of International Affairs (SIIA) organised the webinar, “Investing in Digital Infrastructure: Narrowing the Digital Divide in ASEAN”. Moderated by Mr Satyanarayan Ramamurthy, Partner and Head […]
Read MoreConsumption in Vietnam could grow by US$130 billion over the next decade as Asia continues to be the world’s consumption growth engine, a new report from McKinsey has revealed. Scale continues to be a key characteristic of the region’s consumption story, but a new chapter is being written based on the increasing diversity of the […]
Read MoreMANILA, Philippines — Foreign investors are back in the Philippine debt market in the second quarter, fueled by optimism over further reopening of the economy and low coronavirus caseloads at the time. Foreign investors’ exposure to government-issued bonds grew 0.2 percentage points quarter-on-quarter to 2.5% by end-June, the Asian Development Bank said in its quarterly “Asia […]
Read MoreThe Commerce Ministry’s new e-marketplace could be a big help to small and medium-sized companies (SMEs) that want to tap new foreign markets, according to DHL. The world’s biggest logistics company says the Coronavirus pandemic has presented challenges but also created opportunities for exporters as businesses and consumers focus more on online shopping. DHL Country […]
Read MoreJAKARTA : Indonesia’s central bank repeated a pledge keep interest rates low until there are signs of rising price pressures to support an economic recovery, Destry Damayanti, its senior deputy governor, told a parliamentary commission on Tuesday. Bank Indonesia’s next monetary policy review is scheduled for Sept. 20 to 21. The country’s inflation rate in […]
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Thailand
