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    Yearly Archives: 2021

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    • 2021
    • November 26, 2021
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    Bank of Laos Orders Phousy Group Suspend Welnance Cryptocurrency Operations

    The Bank of Laos has ordered Phousy Group to cease operations of its Cryptocurrency exchange known as Welnance. According to a notice issued yesterday by Director-General of the Payment Systems Department, under the Bank of Laos (BOL), Mr. Soulysak Thamnuvong, digital asset business activities operated by Phousy Group have not been undertaken in accordance with […]

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    • November 26, 2021
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    Singapore: Jobs in logistics sector will change or be displaced with new-technology adoption

    SINGAPORE – Job roles in the logistics sector are on the “move” with the adoption of Industry 4.0 technology solutions, with changes or displacement of positions expected in the next three to five years. Of 56 positions studied in the Jobs Transformation Map (JTM) for the sector, about 54 per cent of job roles – […]

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    • November 26, 2021
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    Big Tech in Indonesia may start paying news firms for content

    Indonesian media groups are pushing for a draft regulation to make news aggregators pay publishers for displayed content, a regulation meant to support the domestic news industry. Sources told the Jakarta Post that the new regulation was based on Australia’s News Media Bargaining Code – the first law of its kind in the world – […]

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    • November 26, 2021
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    Philippines: Budget gap widens to P1.2 trillion in 10 months

    MANILA, Philippines — The government continued to spend more than what it earned in October, pushing the budget deficit to P1.2 trillion from January to October, 28 percent higher than last year’s P940.58 billion, the Bureau of the Treasury (BTr) said yesterday. For October alone, the shortfall widened by five percent to P64.29 billion as […]

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    • November 26, 2021
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    Thailand: Baht weakens as foreign investors sell off short term bonds worth THB4 billion in 2 days

    The baht opened at 33.43 to the US dollar on Friday, weakening from Thursday’s closing rate of 33.36. The Thai currency is likely to move between 33.35 and 33.50 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is weakening after the foreign investors had sold […]

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    • November 26, 2021
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    Singapore: Half of all logistics sector jobs to change or be displaced with Industry 4.0

    AT least 1 in 2 job roles within the logistics sector will undergo at least a medium degree of change or undergo displacement in the coming 3 to 5 years with the adoption of Industry 4.0 (I4.0). A total of 56 job roles were studied, and 30 job roles (54 per cent) will experience at […]

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