While non-cash payments are admittedly on the rise, the cash payment habit and limited development of technology infrastructure are big problems for the country’s non-cash economy, experts have said.
Malaysian authorities said on November 21 that they have busted the country’s largest-ever online investment scam syndicate with the arrest of 680 Chinese nationals in a single raid.
Indonesian economic ministers are targeting 15 priority programmes to be completed in the next six months to encourage growth, inclusiveness, sustainability, and competitiveness of the biggest economy in Southeast Asia.
The robust growth of hotels and resorts on Phu Quoc Island in the Mekong Delta province of Kien Giang has resulted in a shortage of workers in the tourism industry.
Several local banks have reduced their interest rates in recent days, going against the banking sector’s general year-end trend of increasing rates to boost earnings.
The Thai Commerce Ministry has approved a farmers aid fund worth 4.38 billion THB (145 million USD) for the 2020 fiscal year, focusing on rice, tapioca, palm oil, fruit, shrimp, pork, eggs, salt, onions and garlic.
More than 4,900 children were abused in 2017, 2018 and the first six months of 2019, 80 percent of them suffered from sexual abuse, according to Deputy Minister of Labour, Invalids and Social Affairs (MoLISA) Nguyen Thi Ha.
The People’s Court in Ninh Kieu district of the Mekong Delta city of Can Tho has sentenced Pham Xuan Hao to 12 months in jail for “abusing democratic freedom to infringe upon the interests of the State, lawful rights and interests of organizations and/or citizens” under Clause 1, Article 331 of the Criminal Code 2015.
Thailand’s Ministry of Commerce has announced that it will adopt seven measures to soften the impact of the US suspension of trade benefits for the Southeast Asian country.
October saw a record number of international arrivals at almost 1.62 million, up 34.3 percent year-on-year, according to figures released by the General Statistics Office (GSO) on October 29.
The US has suspended duty-free treatment of certain Thai products amid the two countries’ tension on Thailand’s ban of three toxic agricultural chemicals.
The increasing demand for food delivery applications has helped spread the trend of central kitchens from China, India, Japan and Indonesia to Vietnam.
The Phnom Penh Municipal Court on October 18 sentenced exile leader of the dissolved Cambodia National Rescue Party (CNRP) Sam Rainsy to one year and eight months in prison.
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