SINGAPORE: Singapore needs to remain open to skilled foreign workers, especially in the technology sector, in order to ensure the economy stays a globally competitive one, the nation’s trade minister said. The city state couldn’t afford to take an “inward-looking, protectionist approach” like some countries that have put up barriers to protect local industries and […]
Read MoreMANILA, Philippines — DBS Bank Ltd of Singapore expects the Bangko Sentral ng Pilipinas (BSP) to slash interest rates by another 50 basis points this year as inflation is seen hitting bottom next month due to base effects. Maysita Crystallin, economist for the Philippines and Indonesia at DBS, said inflation may remain stable for the […]
Read MoreBitcoin Co Ltd (bx.in.th), Thailand’s largest digital asset exchange, will cease its operations at the end of this month “to focus on other business opportunities”, igniting a price slump for digital assets traded on the exchange. The price of Bitcoin traded on bx.in.th fell by 3.6% as of Monday’s press time. The price of the […]
Read MoreSource: https://www.nationthailand.com/news/30375735
Read MoreIndonesia’s annual inflation rate rose in August to its highest level since December 2017, but it remained within the government’s target. Statistics Indonesia (BPS) announced on Monday that the Consumer Price Index (CPI) rose by 3.49 percent in August, up from the figure recorded in the same month last year and higher than the year-on-year […]
Read MoreSINGAPORE — A Singapore startup recently raised $6 million to keep Singapore and perhaps other Asian nations from falling prey to the global cashless payments steamroller. soCash is also out to make ATMs unnecessary. Its app allows users to make bank account withdrawals at shops, cafes and grocery stores. The company claims receiving money from merchants […]
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