SINGAPORE – Thailand’s initial public offering market has chalked up another stellar performance, beating Singapore for the second year running as the top IPO market in South-east Asiam with the largest amount of funds raised, according to research from professional services firm Deloitte. Singapore had eight listings that raised a total of US$852 million (S$1.14 […]
Read MoreRecently established peer-to-peer (P2P) lending marketplace, Rai Capital, Thursday announced its official launch in Cambodia. Licensed and regulated by the Securities and Exchange Commission of Cambodia (SECC), Rai Capital is a joint venture with Goldbell Financial Services. It is designed for micro-entrepreneurs and individuals to promote financial inclusion in the country – enabling the local […]
Read MoreThe new regulation that clients’ information will be shared by 30 commercial banks with taxation bodies has stirred up the public. People fear that their bank account information may be leaked. Information security Decree 126 that guides the implementation of the Tax Administration Law, to take effect on December 5, 2020, stipulates that commercial banks […]
Read More[BANGKOK] Thailand’s manufacturing production index (MPI) dropped a smaller-than-expected 0.54 per cent in October from a year earlier, with lower production of cars and clothes amid the coronavirus pandemic, the industry ministry said on Friday. That compares with a forecast for a decline of 1.80 per cent in a Reuters poll, and against September’s revised […]
Read MoreMANILA, Philippines — The Philippines may not be able to get out of the pandemic-induced slump until the health crisis has passed over most of the world, the World Bank said yesterday. In a presentation during the BusinessWorld Virtual Economic Forum yesterday, World Bank country director for the Philippines Ndiame Diop said the unique impact […]
Read MoreVietnam has set to be a bright alternative in Asia for US businesses amid the unprecedented challenges. Vietnam, one of few countries in the world that have controlled the Covid-19 and reopened the economy early amid global uncertainties, has gained positive sentiment among US investors. Moreover, the closer relationship has resulted in billion-dollar economic deals […]
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