Vietnam, the world’s biggest producer of robusta, has become the top supplier of coffee beans for Japan as the consumption of instant coffee, which uses robusta, is soaring there amid the COVID-19 pandemic, according to the Nikkei Asia Review. The newspaper reported that more people are working at home during the pandemic, driving up demand […]
Read More[JAKARTA] Bank Indonesia’s (BI) policy will remain accommodative to help South-east Asia’s largest economy recover from the impact of the coronavirus pandemic, Dody Budi Waluyo, the central bank’s deputy governor, said on Wednesday. The recovery has so far been limited to some sectors, “incomplete and uneven”, and loan growth has been slow due to weak […]
Read More[KUALA LUMPUR] Malaysian prime minister Muhyiddin Yassin announced on Wednesday an additional economic stimulus package worth 10 billion ringgit (S$3.28 billion) in a bid to help industries and citizens badly hit by the coronavirus pandemic. The programme includes 7 billion ringgit in cash aid, assistance for small businesses and a wage subsidy scheme, Mr Muhyiddin […]
Read MoreSINGAPORE consumers are shifting towards online banking and online shopping amid the coronavirus pandemic, while also pivoting to better money management and mindful spending, a survey by Standard Chartered (StanChart) has found. The effects of the Covid-19 outbreak has “led to the emergence of a cashless and cautious consumer”, the bank said in a press […]
Read MoreThe Hanoitimes – Holding, sale and use of cryptocurrencies as an asset pose numerous risks and are not protected by law, stated a central bank official. The State Bank of Vietnam (SBV), the country’s central bank, does not consider cryptocurrencies legal tender and lawful means of payment in Vietnam, according to Nghiem Thanh Son, deputy director […]
Read MoreOnline vendors who refuse to display the prices of products on their pages and only reveal them to potential buyers in private messages will in future face hefty penalties, according to a new consumer protection law. The Royal Gazette on Tuesday announced that online vendors must display prices and other details explicitly on their online platforms, with […]
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Thailand
