Asian markets mostly rose with the dollar Monday following another record performance on Wall Street as investors cheered the prospect of a further massive stimulus for the US economy, with President-elect Joe Biden calling for a spending spree in the trillions of dollars. With vaccines being rolled out around the world and key risk events […]
Read MoreMANILA, Philippines — Lending by big banks slightly gained pace in November from previous month, but growth remained shallow and year-on-year expansion was at 14-year low, suggesting any improvement was temporary. Outstanding loans by universal and commercial banks, net of their lending to each other, reached P8.99 trillion in end-November, up 0.46% year-on-year and sustaining a […]
Read MoreJoining the market later than competitors, Baemin, a food delivery application of South Korean unicorn Woowa Brothers, concentrates on rider training and supporting food stores. Professionalism and concentration Tuan, 28, from HCMC, is on his way to the headquarter of Baemin in District 3 to take part in a training course. He said, by the […]
Read MoreCambodia’s fastest-growing ride-hailing app, TADA, has launched a dedicated service – named Student – just in time for the return back to the classroom. The new service is available to all high school and college students in Phnom Penh and Siem Reap and offers discounts of at least 20 percent on standard TADA tuktuk and […]
Read MoreEmployers and employees are allowed to defer or stop financial contributions to company provident funds for another six months, a senior Finance Ministry official said on Monday. The decision by the Finance Ministry was published in the Royal Gazette on Friday and became effective on Saturday. It means both employers and employees are allowed to extend the […]
Read MorePrime Minister Prayut Chan-o-cha on Monday said that the larger government deficit in next year’s budget would not affect the country’s efforts to manage the spread and economic fallout of the coronavirus. “The 2022 budget deficit will not affect fiscal discipline and the country’s drive to move forward from the crisis caused by the Covid […]
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Thailand
