THE Monetary Authority of Singapore (MAS) is proposing new laws that will give it more teeth to regulate financial services in the Republic amid emerging risks, such as those brought on by the wider provision of digital services. The additional powers proposed will allow the central bank to impose on financial institutions certain requirements to […]
Read MoreThe Hanoitimes – The Ministry of Finance would cooperate with the US in identifying fields and goods with high risks of origin fraud or illegal transshipment for information sharing and communication. Prime Minister Nguyen Xuan Phuc has approved an action plan for the implementation of the Customs Mutual Assistance Agreement (CMAA) between Vietnam and the US, […]
Read MoreAsia’s emerging economies are at different stages in combating the Covid-19 pandemic. For some, like Thailand, the light at the end of the tunnel is getting brighter as restrictions are being eased and economic activity is starting to ramp up again. Others are still grappling with outbreaks and lockdowns. Whatever stage they are at, though, […]
Read MorePETALING JAYA: Borrowers will need to start repaying their loans from October onwards as the banks will not extend the automatic loan moratorium, banking sources said. However, an industry source said while the blanket moratorium would end, banks are open to assist borrowers to restructure and reschedule their loans in a more targeted manner. […]
Read MoreThailand does not need financial assistance from the IMF during the pandemic because of the country’s strong economic fundamentals and the financial sector, says the Bank of Thailand. “There are some concerns that Thailand could ask for financial assistance from the IMF to overcome this crisis, similar to the Asian financial crisis in 1997. But […]
Read MoreThe Ministry of Labour and Vocational Training (MLVT) is conducting a survey on garment and other workers’ living conditions and the impact of COVID-19 until July 31. According to an announcement, MLVT has informed all owners or directors of enterprises/establishments and workers in the textile, garment and footwear sector and relevant authorities that the General […]
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Thailand
