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Thailand: No Baht intervention

Deputy Prime Minister Somkid Jatusripitak insists that Thailand will not intervene in the baht’s movement, while inviting the United States to monitor the situation.  In response to the Council of Foreign Relations, a US think tank which accused Thailand of currency intervention for a trade surplus against the US, Somkid said that the Thai government […]

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Indonesia: Jokowi Warns about Imminent Industrial Revolution 4.0

TEMPO.CO, Jakarta – President Joko Widodo (Jokowi) calls on every party, including the financial industry, to be aware of the imminent industrial revolution 4.0. “I think the financial industry must also prepare itself to carry out this fourth revolution,” said the seventh Indonesian president at the 2018 Annual Meeting of Financial Services Industry on Thursday, January 18. According […]

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