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Thailand to regulate digital platform service businesses

The cabinet on Monday approved a draft decree to regulate digital platform service businesses to maintain financial and commercial stability and to prevent damage to the public, government spokesman Thanakorn Wangboonkongchana said. Such businesses, both in and outside of Thailand, will need to notify the government before operating, he said in a statement. The law […]

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Philippines: BSP revives plan to use polymer banknotes

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has revived plans to use plastic or polymer to print banknotes that are more hygienic, environment friendly, durable and secure than the cotton and abaca fiber composite being used now. In a virtual press briefing, BSP Deputy Governor Mamerto Tangonan said the central bank is currently […]

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Singapore: Economists raise inflation forecasts after Sep core, headline inflation rates surprise on upside

SINGAPORE’S core and headline inflation rates edged up marginally in September, surprising private-sector economists who had expected them to hold steady, and prompting some to revise inflation forecasts upwards. While the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) maintained their inflation forecasts for 2021 and 2022, their outlook has […]

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