Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. The official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks of crypto investments owing to the market’s volatility. The official post also quoted the chairman Wimboh […]
Read MoreIn several ways, ‘The Great Supply Chain Migration–Breaking Down the Cost of Doing Business in Asia’, a TMX report published early this month, has opened the eyes of governments, investors and think tanks where each country of Southeast Asia stands. The TMX study can easily be equated with a pocket edition of what the highly […]
Read MoreMyanmar’s economy and people continue to be severely tested by the ongoing impacts of the military coup and the surge in COVID-19 cases in 2021, according to the World Bank. Following an expected 18 percent contraction of the economy in the year ended September 2021, the World Bank’s Myanmar Economic Monitor, released on January 26, […]
Read MoreKUALA LUMPUR: Malaysia has become the most attractive country in Southeast Asia for foreign investors, driven by the success of attracting more than RM220 billion approved investments in 2021 for the manufacturing and services sectors, according to the 2022 Milken Institute Global Opportunity Index (GIO). Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed […]
Read MoreTHOUGH degree holders continued to see high employment rates during the pandemic, their incomes took a hit, according to the Manpower Ministry’s (MOM) annual Labour Force in Singapore report on Friday (Jan 28). The employment rate of degree holders aged 25 to 64 edged up to 87.7 per cent in 2021, having stayed stable in […]
Read MoreMANILA, Philippines — The country’s trade balance tilted to its widest deficit in three years in 2021 as soaring oil demand and restocking supplies in line with the global economic recovery pushed imports to all-time highs. Latest data from the Philippine Statistics Authority (PSA) showed the country’s trade shortfall more than doubled to reach a […]
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Thailand
