Calls for digital companies to implement stronger data protection measures are growing following recent reports of a data breach against Indonesia’s e-commerce unicorn Tokopedia. Experts have argued that the data protection bill, which is currently being debated at the House of Representatives (DPR), should set a minimum-security standard for digital companies, as the current regulation […]
Read MoreThailand’s bear-market stock rally may stall after a series of earnings estimate downgrades helped push valuations to their most-expensive on record. The benchmark SET Index trades at about 17.7 times its 12-month consensus profit forecast, a record high, according to Bloomberg data dating back to 2005. The pricey multiple comes after analysts slashed earnings estimates […]
Read MoreKUALA LUMPUR, May 21 — An additional 19 types of Aidilfitri essential goods will be listed under the Festive Season Maximum Price Scheme starting tomorrow untul June 3, Senior Minister Datuk Seri Ismail Sabri Yaakob said today. He said under the scheme, the price-controlled items include vegetables such as tomatoes, red chillis, large onions and […]
Read MoreThe Bank of Thailand cut the policy rate yesterday by 0.25 percentage points to a fresh record low of 0.5%, saying it is ready to use additional policy tools to soften the economic blow while downside risks to the country’s economy this year remain high. The central bank’s Monetary Policy Committee (MPC) voted 4-3 at […]
Read MoreThe Hanoitimes – With the Covid-19 pandemic under control in Vietnam, the country now seeks to breathe life back into its tourism industry. Director General of the Vietnam National Administration of Tourism (VNAT) Nguyen Trung Khanh said the agency has submitted a proposal to the government on welcoming international tourists again from source markets where the […]
Read MoreThe World Bank Group says it will help Myanmar recover from the COVID-19 pandemic over the next few years, assisting economic growth with a “strong focus on social inclusion”, including conflict-affected areas. The emphasis on coping with the pandemic and developing resilience towards natural disasters is outlined in the group’s Country Partnership Framework for Myanmar, […]
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