The growth of e-wallets may be good news for Vietnam’s cash economy, but fierce competition among e-wallet providers may result in a ‘survival of the fittest’ situation. Top finance experts from RMIT University share their views. What’s the competition currently in the e-wallet market? Pham Nguyen Anh Huy: We are witnessing fierce competition among e-wallet […]
Read MoreOpportunity is presenting itself in a time of crisis for hoteliers and hospital owners, with the term “wellness” an important connecting piece within a collapsed jigsaw. Local hospital operators and real estate developers are gradually expanding their footprints to capture a lucrative opportunity, tapping into the wellness fad. According to the Global Wellness Institute, the […]
Read MoreMANILA, Philippines — Businesses have revived plans to pursue expansion programs and hire more workers next year in anticipation of a strong economic rebound from the pandemic-induced recession, according to the Bangko Sentral ng Pilipinas (BSP). Redentor Paolo Alegre, director of the BSP’s Department of Economic Statistics, said the result of the latest Business Expectation […]
Read MoreThe Hanoitimes – Grab remains at odds with local tax authorities and their driver-partners over a controversial hiking fee scheme. Representative of Vietnam’s General Department of Taxation (GDT) stressed Decree No.126/2020/ND-CP, which Grab said is the reason for its hiking fees, only provides guidance on tax declaration and payment, with tax rates staying unchanged. After a […]
Read MoreFour major Thai banks say they will focus on managing their asset quality instead of dumping non-performing loans under unfavourable market conditions. Payong Srivanich, president of Krungthai Bank, said KTB’s priority was to maintain asset quality and look after debtors. He expects the bank’s non-performing loans to remain flat at the 4.21 per cent of […]
Read MoreAFP – Bangladeshi migrant worker Sheikh Kibria recalls with horror the filthy, overcrowded dormitory where he was housed by the world’s biggest rubber glove manufacturer when a Coronavirus outbreak erupted and infected thousands. Malaysia’s Top Glove saw profits soar and its stock price jump as much as 400 percent this year as countries worldwide rushed to […]
Read More
Thailand
