MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is in talks with several banks and financial institutions for the pilot testing of the central bank digital currency (CBDC) in the fourth quarter. BSP Governor Benjamin Diokno said in an interview with ABS-CBN News Channel that the regulator continues to invite entities to participate in […]
Read MoreDespite the progress it has made towards improving intellectual property rights protection last year, Thailand remains on the United States Trade Representatives’ (USTR) Watch List this year, the Department of Intellectual Property (DIP) said on Monday. Each year, the USTR released a report which assesses the US’s trading partners’ performance in protecting and enforcing intellectual […]
Read MoreA vast major economic zone covering 40,400 sq.km., the Mekong Delta boasts abundant advantages in agricultural production and investment attraction across a variety of fields. However, for years, the slow development transport infrastructure has hindered the development of the region, becoming a bottleneck that prevent localities in the region from fully tapping their potential and […]
Read MoreCambodia has refused to issue or use any cryptocurrency in the country. A document recently released by the Ministry of Finance and Economics said it is still illegal to create, distribute, or trade cryptocurrencies in the country. While the ministry does concede that the fintech industry is growing rapidly, it nonetheless reiterated that the long-standing […]
Read MoreMANILA, Philippines — The government raises at least $2 million (P105 million) every day from taxes on sugar sweetened beverages (SSBs) as the country relies on fiscal reforms to generate revenues to finance its pandemic recovery, according to Finance Secretary Carlos Dominguez. Dominguez said the Philippines also saw its revenues improve when it slapped additional […]
Read MoreLoan extension under the Bank of Thailand’s soft loan and recovery loan schemes for businesses affected by the pandemic has reached 300 billion baht since the launch of the programme in April 2020. For the overall banking sector, loan growth was sluggish in the first quarter as a result of the impact of the Omicron […]
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Thailand
