The rupiah fell to its weakest in more than 20 years on Tuesday (02/10) and other emerging Asian currencies also slid as the dollar held its overnight gains rooted in the striking of a revised North American trade pact. Appetite for the dollar was underpinned by US Treasury yields, which rose modestly on Monday. “The […]
Read MoreReal estate agents in Mandalay said property prices in some of the region’s less populated areas have fallen by half and transactions are almost non-existent. Due to unexpected currency fluctuations, interest in the property market has dropped drastically and property agents are now focusing on properties below K100 million rather than higher-value deals, said U […]
Read MoreThe Singtel Group on Tuesday debuted VIA, its cross-border mobile payment alliance with regional associate Advanced Info Service (AIS) and additional launch partner Kasikornbank (KBank), Thailand’s largest digital bank. Singapore-based Singtel, AIS and KBank will now offer QR code-based mobile payments through mobile wallets – Singtel Dash, AIS GLOBAL Pay and Rabbit Line Pay – […]
Read MoreThe Hanoitimes – Grab wants to assist Vietnam in developing online payment for public services, which is part of the Vietnam’s e-government strategy. Ride-hailing firm Grab would propose measures to facilitate non-cash payment in Vietnam, according to Anthony Tan, Grab’s CEO and co-founder. One of the measures is to allow user to create an e-wallet profile […]
Read MoreMANILA, Philippines — The government is losing about P43 billion in revenue each year due to companies that abuse transfer pricing schemes, according to the Department of Finance (DOF). In a report to Finance Secretary Carlos Dominguez, Finance Undersecretary Karl Kendrick Chua said some companies avoid paying the correct amount of taxes to the government […]
Read MoreSINGAPORE’S logistics sector is stepping on the gas pedal in its technology adoption efforts, with a three-year plan outlining ways for various stakeholders to digitalise their processes and collaborate with each other. The industry-led roadmap, developed by the Singapore Logistics Association (SLA), was announced on Wednesday by Senior Minister of State for Trade and Industry […]
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Thailand
