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Philippines: BSP eyes incentives for sustainable finance

THE Bangko Sentral ng Pilipinas (BSP) said it is looking at the possibility of extending regulatory incentives to banks that will embrace sustainability principles. In a statement on Monday, the BSP said the move aims to mainstream sustainable finance and mobilize capital to address urgent global challenges. “We are now looking at the potential use […]

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Laos Authorizes Two Crypto Exchange Platforms

Authorities in Laos have officially authorized two licensed cryptocurrency exchange platforms to operate in the country. The Bank of Laos (BOL) has granted their Agreement in Principle for Cryptocurrencies Exchange Platform to LDX (Lao Digital Assets Exchange Co.), a joint venture between AIF Group and Phongsupthavy Group, and to Bitqik, a subsidiary of Simuong Group. […]

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Thailand: Balancing act in bid to raise revenue

The government is inching towards imposing taxes on some products and ending tax waivers to ensure fiscal stability and expand the tax base. Thailand’s economy has suffered from the prolonged pandemic, causing the government to introduce two emergency loan decrees to allow it to borrow 1.5 trillion baht in total to mitigate the impact. The […]

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