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Thailand: Cybersecurity spending to rise

Thailand’s cybersecurity spending is expected to grow 20-30% during 2018-19, driven by faster and more complicated targeted attacks powered by artificial intelligence (AI) and increasing use of the Internet of Things (IoT) in critical infrastructure and cloud security, says US-based cybersecurity firm Fortinet.  “Cybersecurity spending in Thailand will continue to soar because there are new business […]

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Philippines external debt rises as of end-September

MANILA, Philippines — The country’s external debt went up by more than five percent as of end-September, exceeding the Bangko Sentral ng Pilipinas (BSP)’s foreign exchange buffer as new borrowings exceeded loan repayments. BSP Governor Nestor Espenilla Jr. said the country’s outstanding external debt stood at $76.4 billion as of end-September, 5.6 percent higher than […]

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Singapore Nov exports fall faster than expected

SINGAPORE: Singapore’s non-oil domestic exports (NODX) growth fell more than expected in November with shipments to most of its major trading partners declining, official data showed on Monday. Exports fell 2.6 percent in November year-on-year, data from the trade agency International Enterprise Singapore showed, falling sharply from the revised 8.2 percent rise the month before. […]

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Exercising control over a Thai company

The private limited company is still a relatively new concept in Thailand; the earliest laws dealing with companies were only passed in 1900, and one of the first corporations in Thailand, Siam Commercial Bank, was only formally established in 1906. Prior to this, businesses were usually organised as family partnerships that lacked any formal legal personality.  […]

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