sin01
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Singapore blockchain ecosystem to get boost

A S$12 million (US$9.0 million) programme has been launched to strengthen Singapore’s blockchain ecosystem and facilitate the development, commercialisation and adoption of blockchain technology for real-world applications. The Singapore Blockchain Innovation Programme will engage close to 75 companies including multi-national corporations, large enterprises and info-communications technology companies to conceptualise 17 blockchain-related projects within the next […]

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Indonesia gov’t urges SMEs to digitise, get credit scores for easier financing

Indonesian government officials and industry players have called on small and medium-sized enterprises (SMEs) to go digital and make use of fintech platforms to build for themselves a positive online track record and gain credit scores for easier access to financing. Leonard Theosabrata, president director of SMESCO, a government institution responsible for training and facilitating […]

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Vietnam: Banks may face difficulty in raising foreign capital with regulator’s proposal

The Hanoitimes – Capital and expertise of foreign investors can help speed up the banks’ restructuring process. Capital and expertise of foreign investors can help speed up the banks’ restructuring process but their plans may face challenges. Currently, many Vietnamese banks have sold equity to foreign investors but many still have foreign room (foreign ownership rate). […]

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Thailand: Deduction incentives to be reviewed

The Finance Ministry wants to reform the tax structure by revising the large number of deduction incentives, arriving at a more appropriate level. As government expenditures have been increasing, the ministry is reviewing its tax reform policy to evaluate the extent of revenue losses from several tax deduction measures, said Finance Minister Arkhom Termpittayapaisith. For […]

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malay02
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Malaysia: Strengthen reforms, transparency

PETALING JAYA: With Malaysia hit by its first rating downgrade in over 20 years, there is an urgent need for the government to address concerns raised by one of the world’s largest rating agencies. Among others, these concerns include domestic political uncertainties, weakened public sector finances and still-fragile economic growth. Failure to sufficiently address the […]

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phil01
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Philippines: Better food delivery to stabilize prices

MANILA, Philippines — The government needs to help smoothen the movement of food items to help normalize prices following a spike in November that was caused by the series of typhoons that hit the country, according to the Department of Finance (DOF). In his latest economic bulletin, Finance Undersecretary Gil Beltran said inflation in November […]

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