FEES generated from investment banking activities in Singapore fell 15.6 per cent to US$221.3 million in the year so far, compared with Q1 2021. This comes amid a decline in fees garnered from the debt capital markets (DCM), syndicated lending and advising on completed M&A (mergers and acquisitions) transactions. Meanwhile, fees generated from equity capital […]
Read MoreSoutheast Asia a very fertile ground for digital payments innovation, (BIS) Innovation Hub executive says A lot of room to grow in the internet economy in Southeast Asia, says the National Bank of Cambodia Cental banks in several Southeast Asian countries are exploring the use of digital currencies to enhance payments efficiency and to encourage start-ups and […]
Read MoreThailand’s exports beat expectations by growing 16.2% in February, driven by higher international demand on the back of global economic recovery and proactive trade promotions. More importantly, the Russia-Ukraine war has yet to affect Thailand’s international trade. The Commerce Ministry on Thursday reported customs-cleared exports fetched US$23.48 billion in February, with imports rising by 16.8% to […]
Read MoreMANILA, Philippines — The Bureau of Customs has automated roughly 82 percent of its procedures under the Duterte administration through its modernization program, an accomplishment that the BOC says allowed it to exceed its collection targets even during the pandemic. The BOC yesterday reported that it streamlined at least 139 of its 170 processes in […]
Read MoreCambodia earned more than $77 million from the export of rubber and rubberwood in the first two months of this year, according to the General Directorate of Rubber. The revenue from rubber exports reached more than $76 million, while the revenue from rubberwood stood at $355,946. In February 2022, rubber production rose six per cent […]
Read MoreTo prevent speculation and price inflation, the State needs to apply comprehensive measures to increase the transparency and supply in the market. Experts estimate that in Vietnam, someone who starts working and has income increasing in accordance with seniority and doesn’t spend money on anything needs 20 years to buy an affordable apartment with an […]
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Thailand
