KUALA LUMPUR: Malaysia’s central bank on Thursday raised its key interest rate for the first time since July 2014, to tap the brakes at a time growth has been robust and inflation creeping up. With the economy strong at present, many have anticipated a rate hike well before national elections, which must be held by […]
Read MoreSINGAPORE – Surbana Jurong said on Thursday (Jan 25) it has signed an agreement with MOSB to design an offshore supply base in Mon State, Myanmar. Under this agreement, Surbana Jurong will provide, among other things, engineering and marine consultancy as well as project management. MOSB is a joint venture between Two Fish Supply Base […]
Read MoreThe Hanoitimes – The metropolitan area including core Ho Chi Minh City and surrounding provinces will grow into a huge urban zone, playing a key role in Southeast Asia. This is one of the core targets listed out during a recent Planning Adjustment Conference by the municipal authority. In particular, under the new planning scheme, Ho […]
Read MoreDespite higher incidences of trading fraud, rice exports are expected to increase in 2018 on the back of demand from China, the largest importer of Myanmar rice, as well as other countries like Bangladesh and Sri Lanka, rice traders said. Last year, fraudulent traders made off with some K10 billion in rice revenues, according to […]
Read MoreTEMPO.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 […]
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Thailand
