MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has tightened the guidelines on the selection of external auditors for banks and financial institutions to preserve the integrity of financial reports and transparency in the financial system. BSP Governor Benjamin Diokno said the Monetary Board issued a resolution approving the revised framework on the selection […]
Read MoreVIETNAM is among the top three Asean countries attracting private equity (PE) investment in terms of deal value, according to a report released by the auditing and business consulting firm Grant Thornton. The report noted that Vietnam saw 38 PE transactions in 2018 with total value of more than US$1.6bil (RM6.7bil), after Singapore and Indonesia. […]
Read MoreKUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Monday on improved oil prices, recovering some demand for the local note, dealers said. At 9am, the ringgit rose to 4.1850/1900 against the greenback compared with 4.1870/1900 at last Friday’s close. Benchmark Brent crude was trading 0.56 per cent better at US$67.85 per […]
Read MoreWHEN it comes to the roll-out of next-generation 5G cellular technology, few regions in the world could be as excited as Southeast Asia, a region famed for intensive smartphone use. But this week’s dramatic escalation in the United States’ crackdown on Chinese telecoms giant Huawei has been a cold shower for those anticipating the mass-market […]
Read MoreCoordinating Economic Minister Darmin Nasution has welcomed the adoption of Japanese technology that can convert liquid palm oil waste, known as palm oil mill effluent (POME), into valuable products such docosahexaenoic acid (DHA), an omega-3 fatty acid, and animal feed. The Novel Algae-DHA Technology was developed by Japan’s Mobiol Corporation and Tsukuba University. Darmin said […]
Read MoreShipments of Thailand’s automobiles and auto parts are unlikely to face penalty tariffs by the US because the export values are deemed insignificant. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said Thailand’s auto exports made up just a 0.1% market share, or US$231 million (7.36 billion baht), out of total US imports worth $208 billion […]
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