The government has issued a regulation that gives the Indonesian Deposit Insurance Corporation (LPS) more room to manage its own liquidity and to prevent banks from failing in an effort to help strengthen the country’s financial system stability. Under Government Regulation (PP) No. 33/2020 on the LPS’ authority in imposing measures to deal with financial stability […]
Read MoreMANILA, Philippines – The government should tighten its enforcement measures and strengthen its legal backbone to prevent more cases of fraud in the Philippine financial system, according to the Department of Finance (DOF). In a text message to reporters, Finance Secretary Carlos Dominguez said concerned government authorities must improve their law enforcement efforts against perpetrators of […]
Read MoreCambodian business owners have been given approximately one month notice to prepare for five days of public holidays scheduled from Aug 17 to 21, according to a government sub-decree seen by Khmer Times over the weekend. The new holidays are in lieu of the traditional Khmer New Year break held in April that was cancelled this year […]
Read MoreWith the world racing to fight the COVID-19 pandemic, Indonesia may miss an opportunity to increase its role in the global value chain of the pharmaceutical industry because of regulatory issues, a think tank has said. According to the Center for Indonesian Policy Studies (CIPS) highlighted, the lack of government enforcement on the mandatory local […]
Read MoreSA KAEO: Checkpoints are being reopened to Cambodian traders for five hours a day as border markets on the Thai side slowly return to business, according to local authorities. The Cambodian traders were told by the governor of Banteay Meanchey province that the Klong Luek checkpoint opposite the Cambodian border town of Poipet will open […]
Read MoreSET-listed Thaicom says a joint venture it recently formed with CAT Telecom would serve as a hub for low earth orbit (LEO) satellite service in the Cambodia, Laos, Myanmar and Vietnam (CLMV) market, catering to demand for high-speed internet via 5G tech and innovative applications. The establishment of the joint venture, called Nation Space and […]
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Thailand
