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Thailand: UTCC says 7.9% export rise viable

Exports 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 […]

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A construction worker stands at a building site in Kuala Lumpur on August 12, 2016.
Malaysia’s economic growth eased in the second quarter, the central bank said on August 12, attributing the slowdown to a decline in exports amid subdued global demand. / AFP PHOTO / MOHD RASFAN
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Malaysian unemployment rates drop 0.1pc

KUALA 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 […]

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First Thai ICO en route

Jaymart 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 […]

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Philippines: PPMI tapped as partner in retail payment system

MANILA, 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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