The government’s continued efforts to crack down on counterfeit and pirated goods has yielded fruit as the latest findings of the US’s 2020 Review of Notorious Markets for Counterfeiting and Piracy has not identified any notorious markets in Thailand that engage in selling counterfeit and pirated goods. Vuttikrai Leewiraphan, director-general of the Intellectual Property Department, […]
Read MoreMANILA, Philippines — The earnings of Philippine banks slumped to a four-year low, declining by 32.8 percent to P154.96 billion last year from a record P230.67 billion in 2019 as the industry’s provision for potential loan losses arising from the impact of the pandemic almost quadrupled, according to the Bangko Sentral ng Pilipinas (BSP). Last […]
Read MoreCement, petroleum and retail stocks are those that could see strong rises in 2021. Since late 2020 to early 2021, Vietnam’s stock market has witnessed a strong rise in terms of liquidity, capital inflows and number of accounts. A certain number of stocks are set to ride on the country’s strong economic rebound this year. […]
Read MorePETALING JAYA: The Malaysian economy may have contracted for the third consecutive quarter, even as the country continues to struggle with the restrictive measures implemented to combat the ongoing Covid-19 pandemic. Ahead of the gross domestic product (GDP) results to be announced on Thursday, a survey by Bloomberg on economists’ forecasts indicates that the GDP […]
Read MoreSINGAPORE: Singapore’s DBS Group reported a one-third fall in quarterly net profit, in line with estimates, as it booked higher loan losses in pandemic-hit markets but gave an optimistic view for this year. Piyush Gupta, CEO of Southeast Asia’s biggest lender, said latest economic data supported a strong economic rebound for 2021. DBS’ strong performance […]
Read MoreBitcoin’s price jumped over 20% to an all-time high of 1.4 million baht apiece after Elon Musk, CEO and founder of Tesla, announced the company purchased about US$1.5 billion of bitcoin in January and would start accepting the digital currency as a payment method for its products. Altcoins, the cryptocurrencies other than bitcoin, also soared […]
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