Singapore: Oil extends gains as output cut looms Friday, August 12, 2016 – Crude prices rose in Asia on Friday, extending overnight gains after Saudi Arabia’s oil minister hinted producers could agree to limit production. Rumors have been circulating that global producers are mulling a deal to freeze output, to help stabilize the market. Prices […]
Read MoreASEAN: PH, Asean trade outperforming world Friday, August 12, 2016 – THE Philippines, along with Asean neighbors Malaysia, Thailand, and Indonesia, appears to be performing better in export terms despite signs of a significant slowdown elsewhere in Asia and the world, an analysis of the latest economic data shows. Data collected by the World Bank […]
Read MoreThailand: PH, Thailand launch exchange tourism deal Friday, August 12, 2016 – THE Philippines and Thailand have launched an “exchange tourism” agreement to encourage more Thai tourists to visit the Philippines and vice versa. “I realized that one would find their sceneries somewhat familiar to those that we have here but what struck me is […]
Read MoreLaos: Laos, Thailand continue cooperation Thursday, 11 August 2016 – Lao and Thai officials met in Bangkok to continue their cooperation in development, investment and combatting illegal trafficking between the two nations. In response to an invitation by Minister of Foreign Affairs of Thailand Mr Don Pramudwunai, Lao Minister of Foreign Affairs Mr Saleumxay Kommasith […]
Read MoreCambodia: Regulators keeping a close eye on derivatives market Thursday, 11 August 2016 – Cambodia’s capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight. Speaking at Cambodia?s first […]
Read MoreBrunei: Credit card surcharges needed to cover transaction cost: retailers THURSDAY, AUGUST 11, 2016 – SEVERAL retailers continue to impose credit card charges on their customers, noting that they only do so for purchases made via installment. This, even if the Autoriti Monetari Brunei Darussalam (AMBD) and the Brunei Association of Banks (BAB) have said […]
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