State budget collection tumbles in 10 months Business

State budget collection tumbles in 10 months

Total State budget collection in the first ten months of this year was estimated at 1.13 quadrillion VND (48.7 billion USD), or 75.2 percent of the annual estimate and down 10.3 percent year-on-year, according to the Ministry of Finance.
Indonesia enters first recession since 1998 World

Indonesia enters first recession since 1998

Indonesia has officially entered its first recession since the 1998 Asian financial crisis as its economy contracts again in the third quarter of this year, albeit at a slower pace.
Singapore’s electronics sector continue stable growth World

Singapore’s electronics sector continue stable growth

Singapore’s electronics industry - particularly semiconductors - has outperformed other segments of the economy amid the coronavirus-induced recession and will remain a major source of employment, Minister of Trade and Industry Chan Chun Sing said at a recent press conference.
Bac Ninh targets 2,500 new enterprises a year Business

Bac Ninh targets 2,500 new enterprises a year

The northern province of Bac Ninh has set itself a target of 2,500 new enterprises each year in the period from 2020 to 2025, as part of its scheme to support small and medium-sized enterprises (SMEs).
Indonesia’s budget deficit hits almost 34 billion USD World

Indonesia’s budget deficit hits almost 34 billion USD

Indonesia’s state budget deficit had reached 500.5 trillion Rp (33.96 billion USD) by the end of August, equivalent to 3.05 percent of the country’s gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati said on September 22.
Malaysia’s domestic tourism grows 12 percent World

Malaysia’s domestic tourism grows 12 percent

Malaysia’s domestic tourism continued to record better performance last year, recording a double-digit growth of 12 percent to 92.6 billion RM (22.4 billion USD), according to Bernama news agency.
TPBank, Backbase cooperate to accelerate digital transformation Business

TPBank, Backbase cooperate to accelerate digital transformation

Tien Phong Commercial Joint Stock Bank (TPBank) of Vietnam is working with Backbase, a digital banking software provider based in the Netherlands, to put forth the Vietnamese bank’s digital transformation process on a secure, efficient and sustainable digital platform.