TEMPO.CO, Jakarta – Bank Indonesia (BI) stated that the digital currency Bitcoin possesses the potential to be used as terrorism funds and in money laundering crimes as its transactions are being done under a pseudonym. “For that reason, the government and BI have reminded the public to avoid using Bitcoin as a means of payment, as it violates the […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has resolved at least eight of the 10 banking-related complaints last year as it continued to strengthen consumer protection. In its 2017 year-end report on Financial Inclusion Initiatives, the BSP said its Financial Consumer Protection Department (FCPD) headed by director Pia Roman-Tayag managed to resolve 83 […]
Read MoreInformation and communications technology (ICT) businesses must be the main drivers of economic growth and the process of industrialisation and modernisation in Laos. Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, made the comment when stressing the encouragement given by the government to the ICT sector in his address at the annual national […]
Read MoreThonburi Healthcare Group Plc, the top-performing health stock this year, expects to open a hospital in Yangon by June to bolster the company’s earnings outlook. The $75-million, 200-bed facility is part of an 8-billion-baht investment plan through 2020 to expand services in Thailand and other Southeast Asian nations, Thonburi Healthcare chairman Boon Vanasin said in […]
Read MoreThe Hanoitimes – Thousands of Japanese goods importing to Vietnam will enjoy a zero percent tariff this year in line with Vietnam’s commitments on special preferential import duty rates within the framework of the Vietnam – Japan Economic Partnership Agreement (VJEPA) and the ASEAN – Japan Comprehension Economic Partnership Agreement (AJCEP) for 2016-2019. Under the Vietnam’s […]
Read MoreBusiness executives remain concerned with the lack of affordable access to credit and insufficient human capital, according to the Myanmar business barometer survey published by Oxford Business Group (OBG). Access to credit In a survey involving dozens of high-level executives across industries, more than half (58pc) of participants said they believed that less than 20pc of […]
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