The finance minister and the Bank of Thailand (BOT) on Thursday reiterated that cryptocurrencies cannot be used as a means of payment because it could affect the stability of the baht. Finance Minister Arkhom Termpittayapaisith’s response came a day after the Securities Exchange Commission announced its new regulation to ban the use of digital assets […]
Read MoreSINGAPORE is charging ahead with green and digital economy agreements and is keen to work with Asean members to leverage new opportunities that will emerge from these fields in the coming years. On the digitalisation front, strengthening digitalisation among Asean members is key. Digital trade documentation, for instance, is an important facility that will allow […]
Read MoreVietnam’s carbon market is expected to thrive in the near future, given that the country has large forest reserves and many corporations stand ready to pour billions of US dollar to purchase forest carbon credits from Vietnam. It was estimated that Vietnam will be able to sell 57 million carbon credits to international organisations annually. […]
Read MoreIn the fourth quarter (Q4) of 2021, the retail sales index (RSI) performance in Brunei Darussalam showed a year-on-year decrease of 8.6 per cent with an estimated retail sales value of BND417.1 million. The Food and Beverages Services Index (F&BSI) has also decreased by 22.9 per cent compared to the Q4 of 2020 with an […]
Read MorePTT Exploration and Production Plc (PTTEP) is preparing to explore a new offshore oil block in Malaysia under its “Coming Home Strategy” to focus more on new investments in Southeast Asia. Malaysian national oil and gas conglomerate Petronas awarded the exploration rights at Block SB412, located off the northwestern coast of Sabah, to PTTEP through […]
Read MoreTHE Bangko Sentral ng Pilipinas (BSP) risks losing control of inflation if it continues to delay the tightening of its monetary policy, an analyst warned. Nicholas Antonio Mapa, ING Bank Manila senior economist, said in a commentary released on Wednesday that despite rate hikes by the world’s most important central banks — with promises of […]
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