SINGAPORE: Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory activities. In July, a Singapore court jailed Yeo for 4½ years for money laundering and cheating in a case linked […]
Read MoreYunnan province, China: — Laos is strengthening cooperation with China and the Mekong countries by supporting the five-year strategic plan from 2018-2023 which was approved at last week’s 3rd Lancang-Mekong Cooperation (LMC) Foreign Ministers’ meeting. A Lao delegation attended the meeting held in Dali, southwest China’s Yunnan province, from December 14-16, led by Minister of Foreign […]
Read MoreNew business registrations in November rose 14% year-on-year to 6,597 – the highest monthly registration in a decade. The combined value of investment capital of the new businesses registered last month was 64.46 billion baht, up 328% from the same month in 2016. Kulanee Issadisai, the director-general of Business Development Department, said the top three […]
Read MoreFollowing the recent approval of its environment and social impact assessment by the Ministry of Environment, the kingdom’s first gold-processing plant will begin operations next year, a spokesperson for the Ministry of Mines and Energy said on Monday. The new factory will be built by Indian mining firm Mesco Gold, which was granted the first […]
Read MoreMANILA, Philippines —The signing into law of a comprehensive tax reform bill, expected to raise billions of pesos to fund ambitious government programs, is a big Christmas gift to Filipinos as it would usher in a “real positive change” for the Philippines next year. Both Finance Secretary Carlos Dominguez III and Sen. Juan Edgardo Angara, […]
Read MoreKUALA LUMPUR: Malaysian consumer confidence remained stable in the third quarter of 2017 but there remains the nagging worries about the nation’s fiscal status, job security and debt, says a Nielsen consumer confidence survey. According to the findings of its Global Survey of Consumer Confidence and Spending Intentions issued on Tuesday, Malaysian consumer confidence dipped […]
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Thailand
