BANGKOK (BLOOMBERG) – The Bank of Thailand said commercial banks should avoid “direct involvement” in trading of digital assets, citing their high volatility and potential risks to financial and payment stability. Commercial banks should focus on safety, “as they are responsible for the deposits of the people”, BOT senior director Chayawadee Chai-Anant said at a briefing […]
Read MoreChina will import “pra” fish from Cambodia in the near future, once technical experts study and assess sanitary and other associated risks in virtual inspections and give the all-clear, Chinese ambassador to Cambodia Wang Wentian affirmed on December 6. “Pra” in the Khmer language typically refers to Pangasius djambal, but could more widely describe shark catfish […]
Read MoreHÀ NỘI — The Ministry of Industry and Trade plans on ensuring goods supply according to the varying pandemic development, even preparing for the possibility of a large-scale outbreak of COVID-19 over Tết (Lunar New Year). Currently, the pandemic is developing in complex fashion across many localities nationwide. Departments are requested to monitor the supply and demand of goods, especially essential items, ensuring goods supply […]
Read MorePRIVATE-SECTOR economists expect Singapore’s full-year growth to be 6.9 per cent in 2021 and 4 per cent in 2022, according to the Monetary Authority of Singapore’s (MAS) latest quarterly survey of professional forecasters released on Wednesday (Dec 8). This is comparable to the government’s forecasts of “around 7 per cent” for 2021, and 3 per cent to […]
Read MoreThe Bank of Thailand is concerned about the use of digital assets to pay for goods and services because of their price volatility. Using digital assets as payment for goods and services has become a growing trend. Digital assets are associated with high price volatility and risks of cybertheft, personal data leakage and money laundering. […]
Read MoreThe grand opening of Laos’ long-anticipated Thanaleng Dry Port (TDP) and Vientiane Logistics Park (VLP) took place on December 4, marking the start of streamlined services to facilitate and cut the cost of transport and related expenditure. Prime Minister Phankham Viphavanh was invited to pull a lever to officially launch the megaproject in Dongphosy village, […]
Read More
Thailand
