SINGAPORE: The Monetary Authority of Singapore (MAS) said on Tuesday that it was ‘closely studying’ media reports that Singapore banks had informed US regulators of suspicious transactions. The move came as global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents […]
Read MoreIndonesia’s economy is set to contract for the first time since the Asian financial crisis more than two decades ago as the country struggles to get virus cases under control. Gross domestic product is forecast to decline 0.6% to 1.7% this year, Finance Minister Sri Mulyani Indrawati said Tuesday at a briefing in Jakarta. The […]
Read MoreThe Hanoitimes – The stimulus program will target Vietnamese people and expats living in Vietnam. As soon as Covid-19 has been back under control, the Ministry of Culture, Sports and Tourism has launched a program to stimulate domestic tourism in the last months of 2020 with the theme “Vietnam tourism: a safe and attractive destination.” As […]
Read MoreRecord low interest rates, rising commodity prices and improved mobility data have been buoying expectations of a recovery across emerging markets even as investors cast a wary eye toward November’s U.S. presidential election. Yet for all those plus points – and any small boost provided by a gentler geopolitical backdrop – it’s rate differentials that […]
Read MoreMyanmar’s extension of the Yangon lockdown for another 14 days after a record daily jump in Covid-19 cases is unlikely to affect border trade with Thailand. Yet a negative impact is inevitable if the lockdown measures are extended beyond that period and cover more areas, said Niyom Waiyaratpanich, vice-president of Thai Chamber of Commerce. Myanmar […]
Read MoreThe government will hold a three-week bootcamp for 30 selected startups that can provide services like supply chain and finance management for small and medium enterprises (SME) as it aims to increase digitalization among the small businesses. The course, called Pahlawan Digital (Digital Heroes), will begin on Wednesday. The Cooperatives and SME Ministry also partners […]
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Thailand
