Analysts have commented on the implications on investor confidence and markets following Thailand’s major digital asset exchange platform Zipmex’s announcement of a memorandum of understanding (MoU) with interested parties. Q: What is happening with Zipmex? Thailand’s leading digital asset exchange Zipmex announced on July 25 via Facebook Live at 7pm that it had signed an […]
Read MorePETALING JAYA: With core inflation in Asia-Pacific not as high as in the United States and Europe, some countries in the region may not need to closely follow the US Federal Reserve’s (Fed) tightening cycle, says S&P Global Ratings. Core inflation is the price change of goods and services minus food and energy. The rating […]
Read MoreMANILA, Philippines — Multilateral lender International Monetary Fund (IMF) has raised its 2022 gross domestic product (GDP) growth forecast for the Philippines to 6.7 percent from the original target of 6.5 percent despite the expected slowdown in the second half. IMF resident representative Ragnar Gudmundsson said in an e-mail that the latest GDP growth projection […]
Read MoreCredit Guarantee Corporation of Cambodia (CGCC) has issued 515 letters of guarantee for loans worth $50.5 million by the end of June this year since the launch of the credit guarantee scheme in March 2021, according to the CGCC quarterly newsletter. The report showed that the loans were guaranteed under the business recovery guarantee scheme, […]
Read MoreFalling petrol prices have given cheer to people and businesses and may stimulate consumer demand in the near future. Falling petrol prices have given cheer to people and businesses and may stimulate consumer demand in the near future. Nguyen Minh Chau, Director of Hanoi CNC Accurate Mechanical Company Limited, said that petrol prices accounted for […]
Read MoreFormer deputy prime minister Somkid Jatusripitak has warned the government to brace for a perfect storm of global crises and have financial resources ready to cushion the blow for small and medium-sized businesses in the aftermath. Delivering a speech at a seminar organised by the Mass Media Association of Southern Thailand in Songkhla on Tuesday, […]
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