El Salvador made the misguided move and made BTC legal tender, which backfired massively on the Central American nation. However, this has done little to deter others from considering a similar move, with the latest being Malaysia. As Bloomberg reports, the deputy minister for Communications and Multimedia revealed that the ministry has already proposed the move to the […]
Read MoreAt a teleconference chaired by Prime Minister Pham Minh Chinh on March 24, the Vietnam National Petroleum Group (Petrolimex) proposed the prime minister allow it to begin research to invest in an oil refinery in Japan. Speaking at the event to discuss reforms in the operation of State-owned enterprises, Petrolimex said the investment in the […]
Read MoreMANILA, Philippines — Philippine organizations are putting a premium on data privacy, with 82 percent of respondents in the country considering privacy a business imperative, a new Cisco study showed. Cisco’s 2022 Data Privacy Benchmark Study surveyed more than 4,900 security, IT, and privacy professionals across 27 countries, including the Philippines, to get their insights […]
Read MoreThai economic growth may fall to 3% this year if the Dubai crude oil price averages US$150 per barrel, according to a joint study by the government’s planning unit, the Bank of Thailand and the Fiscal Policy Office. According to Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), in the worst-case […]
Read MoreThe 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 […]
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