Chinese yuan: Currency hits record lows against US dollar
2022-09-28
Major stock market indexes in Asia fell sharply also fell sharply on Wednesday.Continue Reading
Weakened pound good news for holidaymakers, but many taking wait-and-see approach, say money changers
2022-09-27
Other money changers CNA spoke to on Tuesday morning said there has not been a significant uptick in demand for the pound. At The Arcade at Raffles Place, home to a cluster of money changers, lines had yet to form at around 10am. The owner of Shara Exchange, who gaveContinue Reading
Daily round-up, Sep 26: Pound hits record low; Malaysia central bank announces new measures to combat scams; HK prepares for surge in travel after lifting quarantine
2022-09-26
Let’s enable you to get up to speed with the day’s stories. The pound slumped to a record low against the dollar on Monday (Sep 26), prompting speculation of an emergency response from your Bank of England. Concerns that will high interest rates can hurt growth furthermore knocked Asian givesContinue Reading
Turning uncertainty into opportunity in Cambodia
2022-09-26
Over a lot of the last two decades, Cambodia’s economy has grown at an impressive average price of nearly 8%, one of the fastest-growing economies in the world. Significant advancements were made in decreasing poverty and improving health and education. Yet, looking at the rear of the averages, social and economic disparities persist, and in a few instances, disparities increased […]
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GCash, other Asian e-wallets to expand into S.Korea with Ant's Alipay+
2022-09-26
BEIJING (Reuters) – Ant Group said on Tuesday it would help several Asian e-wallets, just like Philippines’ GCash as well as Malaysia’s Touch’n Go off expand into Southern Korea with its cross-border payment service Alipay+, as travel limitations begin to lift around Asia. Read full actual story Continue Reading
West follows China’s lead with its own ‘Belt and Roads’
2022-09-26
In the past 10 years, Cina has built more than a hundred, 000 kilometers of roads and railways in Africa. The massive project is definitely part of the Belt plus Road Initiative, a China-led global system of physical and digital infrastructure. One of the African BRI projects is the completion of Trans-African Highway 5 (TAH5). The highway connects Dakar […]
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Traditional markets are a pillar for Cambodia’s social cohesion
2022-09-26
Conventional markets are a lively business hub and an important part of the Phnom Penh’s identity. But rapid modernisation plus changes in store habits in the Kingdom’s capital are placing them at risk
The particular post Traditional markets are a pillar for Cambodia’s social cohesion appeared initial on Southeast Asia World .
Japan’s push into ‘deep tech’ innovation
2022-09-25
Japanese start up firms are building next-generation solar panels plus microchips.Continue Reading
Grab sees no big layoffs despite weak market
2022-09-25
SINGAPORE: Grab, Southeast Asia’s greatest ride-hailing and food delivery firm, will not envisage having to undertake mass layoffs as some rivals have done, and it is selectively hiring, while reining in its economic service ambitions. Chief Working Officer Alex Hungate said that earlier in the year, Grab have been worriedContinue Reading
Battling inflation, labour shortage among Malaysian trade groups’ wish-list for 2023 budget
2022-09-23
Malaysia’s 2023 budget will be tabled in parliament on Oct 7. This will be the last budget to be tabled by the current government prior to the 15th general political election is called.Continue Reading