SINGAPORE: Singapore’s financial regulator is willing to lend a hand to cryptocurrency firms having problems setting up local bank accounts, but doesn’t plan to loosen its rules to lure more crypto startups to the country. “We should not be trying to create an extremely lax regulatory environment in order to attract that kind of business,” […]
Read MoreBangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. is persistent in his advocacy to reach out to the unbanked sector via the digitalization of banking and financial services and the expansion of the reach of financial institutions. The House of Representatives has joined this move by approving the Bangko sa Baryo bill which aims to […]
Read MoreThe Hanoitimes – Vietnam`s nominal GDP in 2018 is forecast to grow over 6.7% to reach VND5,555 trillion (US$240.5 billion), leading to GDP per capita of US$2,540, up 6.3% year-on-year or US$155. Vietnam targets the GDP growth rate of 6.6 – 6.8% in 2019, Vice Minister of Planning and Investment Nguyen Van Trung was quoted by VnEconomy as […]
Read MoreMYANMAR’S hope for narrowing its inequality gap cannot be realised if the government fails to spend more on key sectors such as education, health and social protection, according to a global index released by Oxfam International yesterday. Myanmar ranks very close to the bottom in both global and regional indexes in “The Commitment to Reducing […]
Read MoreMore than one month into mandatory use of a B20 biodiesel blend, the Energy and Mineral Resources Ministry has admitted that several issues are hampering the effort. The ministry’s energy conservation and renewable energy director general, Rida Mulyana, underlined two main issues — logistics and transportations – particularly because state-owned oil and gas holding company Pertamina demanded […]
Read MoreThe Hanoitimes – The ministry has been requested to downsize its wholly-owned companies to 17 by end-2020. Vietnam’s Ministry of National Defense will step up the equitization and divestment drive of state-owned enterprises (SOEs) under its umbrella to downsize its SOE portfolio to 17 by 2020 from 88, an official has said. The ministry will sell […]
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Thailand
