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Indonesia threatens to block WhatsApp messaging over obscene content

[JAKARTA] Indonesia on Monday vowed to block Facebook Inc’s WhatsApp Messenger within 48 hours if the service did not ensure that obscene Graphics Interchange Format (GIF) images were removed. WhatsApp, which is widely used in Indonesia, the world’s most populous Muslim-majority nation, said message encryption prevented it from monitoring the third-party providers Indonesians use to […]

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Jack Ma, Chinese billionaire and Chairman of Alibaba puts on headphones as he attends a forum on E-payment, the Vietnam E-Payment Forum, in Hanoi on November 6, 2017. / AFP PHOTO / HOANG DINH NAM
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Thailand joins forces with Alibaba in selling Thai rice online

BANGKOK (Bernama) – The Thai Agriculture Ministry has joined hands with Alibaba to promote Thai jasmine rice to Chinese consumers through the online channel, Thai News Agency (TNA) reported. Deputy Agriculture and Cooperatives Minister Chutima Bunyapraphasara said after attending “TMALL 11.11 Thai Hom Mali Rice Promotion” in Hangzhou, the capital and most populous city of Zhejiang […]

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Consumer trust weakens in October: Bank Indonesia

A recent Bank Indonesia survey shows that consumer trust has weakened in October due to a perceived decrease in jobs, declining incomes and continuing poor economic condition in the coming six months, Antara reported on Monday. Monday’s announcement of the survey results shows that the consumer trust index in October fell by 3.1 points month on month to 120.7 points. The survey […]

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Thailand: Foreign investors profit on asset gain

Foreign investors took profits by selling Thai bonds and equities after gaining around 20% of total return, but foreign purchases are expected early next year given supportive market conditions, says the Stock Exchange of Thailand (SET). The SET index has gained 12% year-to-date and the baht has gained 8% against the dollar, prompting foreign investors […]

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Malaysia: Ringgit opens higher on rising oil prices

KUALA LUMPUR, Nov 7: The ringgit opened higher against the US dollar today on increased demand, buoyed by rising crude oil prices, said a dealer. At 9.10 am, the local unit traded at 4.2235/2265 against the greenback from 4.2300/2330 on Monday. OANDA Head of Trading Asia-Pacific Stephen Innes said despite the escalation of regional geopolitical tensions […]

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