CASH is still king in South-east Asia, but a slew of digital payment methods could make regional transactions much simpler, one bank has said in a new report. These methods include real-time payments – whether with a pay-to-account number, or using mobile phone numbers or national registration and tax identification numbers, which has been rolled […]
Read MoreBANGKOK/SINGAPORE: Thailand is set to see the most funds raised from IPOs in Southeast Asia this year, with more than $5 billion (160 billion baht) expected to be garnered in the second half, sources said, as a tourist boost to the economy trumps jitters stoked by inconclusive elections. Southeast Asia’s second largest economy is expected […]
Read MoreAsean economic ministers are committed to wrapping up talks on the Regional Comprehensive Economic Partnership (RCEP) by the end of this year, despite sluggish global economic prospects. Yesterday, Chutima Bunyapra-phasara, the acting commerce minister, said at the first day of two-day Asean Economic Ministers’ Retreat held in Phuket, that as Asean chair Thailand will try to […]
Read MoreMANILA, Philippines — Weakness in export sales is expected to continue in emerging Asian economies throughout the year on the back of weaker global demand and high inventory of electronic products, London-based Capital Economics said. In its latest Emerging Asia report, the research firm said growth in technology exports from the region, particularly semi-conductors, is expected to […]
Read MoreASEAN CHAIR Thailand has lined up 13 ambitious goals to achieve regional integration as the 25th Asean Economic Ministers’ Retreat (AEMR) kicks off today in Phuket, where two pacts are set to be signed to enhance services trade and investment within the group. Amid challenges such as the election uncertainty in Thailand and the US-China […]
Read MoreAsean is scheduled to sign a Mutual Recognition Arrangements (MRA) pact on automobiles and parts in September to reduce production costs and facilitate exports and imports of automotive products among members. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said the Asean Senior Economic Officials’ Meeting in Vientiane, held April 4-5, approved Asean MRAs for automotive products […]
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