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Singapore is frontrunner on sustainable infrastructure investment: HSBC survey

SUSTAINABILITY is fast gaining traction in Singapore’s capital markets, with the Republic’s investors and issuers among the world’s most enthusiastic about sustainable infrastructure investment, according to a recent survey by HSBC. In particular, Singapore’s issuers and investors see strong potential in sustainable infrastructure investment, recording scores above both the regional and global averages alongside Hong […]

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Thailand: New BoT chief flags local unrest

The Bank of Thailand has expressed concern that the ongoing anti-government rallies could further weaken domestic consumption and tourism. The central bank needs to keep a close watch on the situation, said newly appointed governor Setthaput Suthiwart-Narueput, who succeeded Veerathai Santiprabhob on Oct 1. “Basically, the political factor is one of the uncertainties,” Mr Setthaput […]

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Philippine retirement system ranked 4th lowest – survey

MANILA, Philippines — The Philippines has the fourth worst pension system among 39 countries, according to a study which benchmarks retirement income systems across the globe. Based on the 2020 Mercer CFA Institute Global Pension Index, the Philippines’ retirement system ranked 36th out of 39 countries, with an overall index value of 43. The country’s […]

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Malaysia: Call for e-Wallet firms to work together and boost industry

PETALING JAYA: E-wallet providers have to work together to move the industry towards inter-wallet operability where money credits can be moved between different e-wallet operators, according to Boost chief executive officer Mohd Khairil Abdullah. “There are a lot of things the regulators are doing to support inter-operability. The interoperable credit transfer framework had been issued […]

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Thailand: Traditional trade makes strong comeback

Traditional trade has made a strong comeback during the Covid-19 crisis, with consumers flocking back to conventional retail stores, especially in upcountry areas. Somchai Pornrattanacharoen, president of the Wholesale and Retail Association, said that since the coronavirus outbreak, traditional trade at mom-and-pop shops and local wholesale shops has seen continuous sales growth. The Covid-19 crisis […]

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