An improvement in third-quarter data and tourism limping back have not offset a surge in household debt, which hit 84 per cent of GDP in the second quarter. ( read original story ...)
Thailand – red tape guillotine
The British Chamber of Commerce Thailand (BCCT) is leading on the Regulatory Guillotine project, which will make doing business in Thailand easier. ( read original story ...)
SET rises very slightly in response to Thailand’s signing of largest trade deal
Index closed at 1,351.06 on Monday, up 4.59 points or 0.34 per cent. The volume of total transactions was Bt78.50 billion with an index high of 1,365.87 and a low of 1,351.04. ( read original story ...)
Thai investors offered new mutual funds to beat stock volatility
Asset management companies are launching various types of mutual funds in the remainder of this year to meet investors' needs during market volatility. ( read original story ...)
Philippines: RCEP to restore business confidence amid COVID-19 crisis
It will spur investments, boost job generation, and improve standards of living in the region. More importantly, the Agreement will restore business confidence amid the economic challenges brought ... ( read original story ...)
India’s Paytm is not worried about growing competition in online payments sector, a top exec says
Paytm says it has more than 50% market share in the merchant payments segment and provides services including in areas of banking and wealth management. ( read original story ...)
Macau to offer annual cash handout despite downturn
Macau’s Chief Executive, Ho Iat-seng, has announced another round of cash handout for both residents and non-residents. Delivering his annual Policy ... ( read original story ...)
Police report more than 5,200 Macau scam cases in 2020
POLICE officers took statements reporting 5,218 Macau scam cases nationwide between January and October this year, involving estimated losses of more than RM256 million. Bukit Aman Commercial CID ... ( read original story ...)
Macau gaming law revision by 4Q 2021 says new policy doc
Mr Ho said that for 2021, the Macau government would work to “improve the legal framework for the gaming industry”, and “start the preparatory work for Macau’s gaming concessions”. That was understood ... ( read original story ...)
Fire in Hong Kong apartment building kills 7, injures 11
Hong Kong authorities say a fire at an apartment building in a crowded residential district has killed at least seven people and injured 11 others ... ( read original story ...)