The Hanoitimes – From growing e-commerce, online gaming, travel booking, and offline-to-online platforms such as ride-hailing and food delivery, Vietnam’s digital economy continues to thrive, with its gross merchandise value being 4% of the country’s GDP. Positive outlook created by the Vietnamese Government’s strategic plans on developing a digital economy is boosting foreign investors’ appetite for […]
Read More[KUALA LUMPUR] Malaysians’ income could rise 26 per cent if women are given equal access to economic opportunities, according to the World Bank. That rise in income per capita would imply a 9,400 ringgit (S$3,098) annual gain for each Malaysian on average, according to a report released by the bank on Friday. Three-quarters of the […]
Read MoreSINGAPOREANS are the second-most nervous about the future impact of technology on their jobs in an 11-country survey, tied with the UK and only behind France, said global professional services firm PwC on Friday. Two in five Singaporeans (18 per cent) are concerned about how technology will affect their jobs, with over half (54 per […]
Read MoreIndonesian state-owned electricity company PLN on Wednesday signed a memorandum of understanding (MoU) with its Malaysian counterpart, Tenaga Nasional Berhad (TNB), to begin a feasibility study on exporting 600 MW of power to TNB. PLN said in a statement that it expected to connect its Sumatra network to TNB’s western network by 2028. “It is also […]
Read MoreMANILA, Philippines — The increase in bank deposits eased further, growing by only 5.8 percent as of end-June as depositors opted to park their excess funds in high-yielding instruments such as government securities. Data from the state-run Philippine Deposit Insurance Corp. (PDIC) showed total bank deposits reached P12.84 trillion from January to June, P705 billion […]
Read MoreThis year’s export contraction must not exceed 0.9% if Thailand’s GDP growth is to reach 3%, says the Finance Ministry’s Fiscal Policy Office (FPO). Thai shipments saw a 2.2% year-on-year contraction during the first eight months, while August exports tumbled 4% year-on-year, said FPO deputy director-general Wuttipong Jittungsakul. With the ongoing export doldrums, a continued […]
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