TEMPO.CO, Jakarta – The Financial Services Authority (OJK) confirmed that virtual currency, including Bitcoin, is not a valid payment instrument in Indonesia. The provision has been valid since the beginning of the year. OJK Chairman of the Board of Commissioner Wimboh Santoso said that the legitimate means of payment in Indonesia is rupiah. “Crypto (cryptocurrency) is already banned,” […]
Read MoreSiam Cement Group (SCG), Thailand’s largest conglomerate, reported a strong performance of its Cambodian operations in 2017, driven by the fast growth of the country’s construction and real estate sectors. Cambodia continues to be one of the strongest markets in the Asean region for the Thai firm, according to the company’s unaudited operating results for […]
Read MoreThe Hanoitimes – Vietnam has gained a number of achievements after five years implementing the national green growth strategy, however, policies should be streamlined to help the strategy take more effect, experts have said. The country approved a national green growth strategy in 2012. The strategy, which has a vision until 2050, identifies three key tasks […]
Read MoreIn a move to extend its presence in Southeast Asia, Malaysia’s Sunway Construction Group (SunCo) is planning to expand its portfolio to include work in Myanmar and Indonesia, its managing director Mr Chung Soo Kiong told the media in Kuala Lumpur this week. Mr Chung said his company will focus on developing infrastructure and other […]
Read More[SINGAPORE] From Feb 1, it will be illegal to buy, use and possess emerging and imitation tobacco products such as smokeless tobacco products, chewing tobacco and shisha, as the first phase of amendments to the Tobacco (Control of Advertisements and Sale) Act kick in. With the new amendments, anyone caught buying, possessing or using such […]
Read MoreThe Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET) are discussing the establishment of a regulatory framework for funds raised from initial coin offerings (ICOs), with a public hearing expected to be concluded soon. Once the regulatory framework is completed, the market regulator will forward it for consideration to the SEC’s […]
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