ASEAN News

August 13, 2019

Cambodia: Consumer credit hits $7B in Q2

The total outstanding balance of consumer credit in Cambodia continued to steadily increase, reaching $7.16 billion by the end of June – a 6.8 per cent increase from the first quarter – according to a Credit Bureau Cambodia (CBC) report released last week. The number of consumer loan accounts increased by 5.03 per cent quarter-on-quarter, […]

August 13, 2019

Entries still open for Malaysia’s Growth Champions

SMALL and medium-sized companies with high revenue growth in the period between 2015-2018 currently have the chance to apply for inclusion in the ranking Malaysia’s Growth Champions. The ranking will be published in The Star later in the year. Additionally, all participating companies will be considered for the cross-border ranking High Growth Companies Asia-Pacific, to be […]

August 13, 2019

Singapore steps up scrutiny of shell firms to combat money laundering

SINGAPORE: Singapore’s central bank is raising its guard against money launderers increasingly using onshore shell companies to mask their transactions, a senior official said. Valerie Tay, who heads the anti-money laundering department at the Monetary Authority of Singapore (MAS) said banks had closed accounts of several onshore shell companies over the past year, after detecting […]

August 13, 2019

‘Franchisers set to eye Vietnam’s convenience stores’

After food and beverage and other sectors, it is the turn of convenience stores franchisers to eye the huge Vietnamese market. According to experts, Vietnam has all the requisite elements for the retail and franchising industry to boom such as a large consumer base, rapidly rising incomes and a generation of young and educated professionals. […]

August 13, 2019

US eases visa requirements for Myanmar citizens

Myanmar citizens can now apply for a combined B-1/B-2 visa, which allows travel to the US for both business and/or tourism purposes, the US Embassy in Myanmar announced Monday. The single-entry visa is valid for three months and there is no issuance fee. “Building on the growing travel between our two countries, the US Embassy […]

August 13, 2019

Philippines: Economists see below 2% inflation in Aug or Sept

MANILA, Philippines — Economists see inflation easing below two percent within the third quarter, giving the Bangko Sentral ng Pilipinas (BSP) more room to ease the country’s monetary policy stance to boost the slowing economy. Chidu Narayanan, economist for Asia at Standard Chartered Bank, said inflation is expected to further drop below two percent in […]

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

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