Central Bank of Myanmar, which has been purchasing US dollar earlier this year, sold $3 million on December 14 at the rate of K1,372.2 per dollar. On the same day, dollar was traded around K1,365-1,370 in the domestic market. Myanmar Kyat against US dollar has been strong since the begining of 2020 and […]
Read MoreThe government’s tax revenue collection in the first month of fiscal 2021 fell short of its target by 15.4 billion baht or 8.5%, attributed to the impact of the pandemic. Kulaya Tantitemit, acting director-general of the Fiscal Policy Office (FPO), reported yesterday the government garnered net revenue of 167 billion baht in October, 15.4 billion […]
Read MoreAsean Capital Markets Forum (ACMF) is prioritising transparency, regulatory harmonisation and capital building for its next five-year action plan, aiming to sustainably grow regional capital markets and support environmental, social and governance (ESG) transactions. Ruenvadee Suwanmongkol, secretary-general of Thailand’s Securities and Exchange Commission (SEC), attended the 33rd ACMF Chairs Meeting virtually yesterday to endorse five […]
Read MoreJAKARTA/SINGAPORE (Reuters): Indonesian motorbike driver unions for ride-hailing and food delivery firms Grab and Gojek say they will kick off protests across the country if merger talks between the firms proceed without them, fearing it could result in mass job losses. “We are concerned that a merger will result in the termination of drivers,” said […]
Read MoreThe Ministry of Finance has issued a new circular regulating companies’ information disclosure activities. Numbered 96/2020/TT-BTC, it will replace Circular 155/2015/TT-BTC on January 1, 2021. The previous document was released on October 6, 2015 instructing companies to publish their business information. Subjects of the new circular include public company, bond issuer, initial public offering (IPO) […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) continues to build up the country’s foreign exchange buffer, with the gross international reserves (GIR) hitting an all-time high of $104.51 billion in end-November from $103.8 billion in October. The BSP said the month-on-month increase in the GIR level reflected inflows mainly from the BSP’s foreign […]
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Thailand
