SINGAPORE: The rise in the ringgit against the Singdollar has sent demand for the Malaysian currency plunging at some money changers in Singapore. Mohamed Rafeeq, the owner of Clifford Gems and Money Exchange at Raffles City mall, told The Straits Times that sales of the ringgit are down about 30 per cent from three months […]
Read MoreExports may grow by as much as 7.9% this year if Chinese demand continues, the economies of developed trading partners persist on their recovery path and Thailand succeeds in tapping new markets, says the University of the Thai Chamber of Commerce (UTCC). Aat Pisanwanich, the director of the UTCC Centre for International Trade Studies, said […]
Read MoreThe Hanoitimes – JD.com, Chinese second largest online retailer behind Alibaba, has made an investment in Vietnam’s leading B2C e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition. JD.com didn’t disclose the size of the investment but said that it would become one of the largest shareholders in Tiki after this deal, according to […]
Read MoreKUALA LUMPUR (Bernama) – The total labour force in November last year was 14.57 million people compared to 14.58 million in the previous month, according to a Statistics Department statement yesterday. The labour force participation rate in November last year fell 0.1 per cent to 67.9 per cent as compared to the previous month. Unemployment […]
Read MoreJaymart subsidiary J Ventures will become the country’s first SET-listed company to sell its own digital currency once it releases “JFin” through an initial coin offering (ICO) in March. The company hopes to acquire 660 million baht in the first phase of the 100-million-coin ICO, with a price of US$0.20 (6.40 baht) per coin. It […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) recently acknowledged the Philippine Payments Management Inc. (PPMI) as a partner in implementing the National Retail Payment System (NRPS), paving the way for the establishment of a more accessible and competitive financial system. In a circular, BSP Governor Nestor Espenilla Jr. said the Monetary Board has […]
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