SINGAPORE – Fintech start-up soCash is gearing up to grow its Asian distribution network after raising US$6 million (S$8.2 million) in Series B funding, it announced on Monday (July 22). The funding round was led by Japan’s Glory Ltd, and participated by global venture capital fund network Vertex Ventures as well as Standard Chartered Bank’s […]
Read MoreCambodia aims to begin exporting milled rice to Indonesia, one of the biggest rice markets in Asean, in the near future, according to the Minister of Commerce. For in depth analysis of Cambodian Business, visit Capital Cambodia The two countries celebrated last week 60 years of diplomatic relations, which was marked by holding the Cambodia-Indonesia Friendship […]
Read MoreThe Hanoitimes – In June alone, a total of 10,540 cars were imported to Vietnam with value of US$254 million, up 26.5% month-on-month. Vietnam imported 75,437 cars worth US$1.95 billion in the first six months of 2019, increasing 6-fold in quantity and 12.9% in value year-on-year, according to the General Department of Vietnam Customs (GDVC). […]
Read MoreSINGAPORE: A plunge in exports and the worst growth rates for a decade have fuelled concerns about the outlook for Singapore’s economy, with analysts saying the figures offer a warning that Asia is heading for a slowdown as China-US tensions bite. While it may be one of the smallest countries in the world, the export […]
Read MoreThe Thailand-Myanmar border bridge gate is seen from the Myanmar side of Myawaddy town, Karen State, in 2014. Border trade between October 1 and July 5 of the current fiscal year has totaled US$8 billion, which is up by around 17 percent compared to the same period last year, according to the Ministry of Commerce. […]
Read MoreThe Taxation Directorate General has revoked a regulation on individual income tax to simplify the tax calculation process and ensure legal certainty. Tax office spokesman Hestu Yoga Saksama said Taxation Regulation (Perdirjen) No. 14/2019, issued on July 3, to revoke Perdirjen No. 32/2010 on individual income tax collection for certain businesses. The 2010 regulation was a derivative […]
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