KUALA LUMPUR: The ringgit opened lower versus the US dollar Friday ahead of the third quarter gross domestic product (GDP) announcement later today and as a result of declining oil prices amid inventory build-up. At 9.06 am, the local currency stood weaker at 4.13300/1370 against the greenback compared with Thursday’s close of 4.1280/1330. Axi chief […]
Read MoreSINGAPORE, Nov 12 — A new kind of employment pass, aimed at attracting the very best of international tech talent, is being rolled out here. The new pass will allow such talent the flexibility to work across different companies or start up companies in Singapore. Minister of Trade and Industry Chan Chun Sing announced the […]
Read MoreThe Bank of Thailand (BOT) wants to see commercial banks boost their digital services in order to match the increasing demand for online transactions, said Siritida Panomwon Na Ayudhya, the central bank’s assistant governor, Payment Systems Policy and Financial Technology Group. She added that the central bank had witnessed a decline in errors and downtime […]
Read MoreIndonesia is pushing for a travel corridor arrangement for Southeast Asian countries to be in place in the first three months of 2021. President Joko Widodo said a declaration on the travel corridor will be issued during the ongoing Asean Summit. Indonesia proposed the move in June, when Thailand and Malaysia said they backed the […]
Read MoreShifting businesses and enterprises into an intelligent and connected virtual space is no longer an option but a necessity to survive, primarily due to the added pressure brought about by the pandemic, a study by Deloitte said. Stephan Neumeier, online security company Kaspersky’s managing director for the Asia Pacific, said: “The Asia Pacific’s level of digitisation […]
Read MoreThailand and fellow Asean members have clinched a deal to ease the flow of essential medical goods and supplies to fight the pandemic. Commerce Minister Jurin Laksanawisit said he and fellow Asean economic ministers virtually signed a memorandum of understanding (MoU) on Tuesday to facilitate the imports and exports of 152 medical goods amid the […]
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