Bangkok Bank President Chartsiri Sophonpanich spoke of the economic potential of ASEAN, despite concerns over the trade dispute between the US and China
The deal will enhance Toyota’s foothold and capability in ride-hailing services, a fast-growing business that could alter automakers’ traditional business models
The cabinet is busy addressing its aftermaths like unreadiness and insufficiency of electronic data capture (EDC) machines; and card welfare abuse
An important factor is that of Southeast Asia’s huge population, many are “unbanked” - meaning they lack access to traditional banks and services.
Although bank penetration in Vietnam is consistently growing, it still trails other Southeast Asian nations with only 59 % banked citizens only in 2017
On the loan quality front, the ratio of gross non performing loans (NPLs) to total loan was at 2.92%, close to 2.91% last quarter.
"LiVE" platform has been developed with the use of blockchain technology as an infrastructure for participating businesses
According to estimates from the Asian Development Bank, Asia will need to invest $1.7 trillion per year in infrastructure between 2016 and 2030