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Singapore touted as capital markets model for developing nations

[SINGAPORE] Singapore is turning out to be a model of capital-market development for some countries in the Middle East and Africa, according to Michael Piwowar, former commissioner at the US Securities and Exchange Commission. The city-state’s legal and institutional framework offers a good example for some developing markets, particularly because it isn’t over-regulated like the […]

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Thailand: No cash, no problem

The relentless rise of Chinese tourists has been one of the biggest stories shaping the global travel industry. In the next three years, outbound trips from China are predicted to reach 178.4 million, while annual expenditure will hit approximately 5.5 trillion baht. Thailand too has felt the positive impact. In August 2019, Chinese tourist arrivals […]

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Philippines: BSP ends cycle of cutting rates

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to step on the brake pedal, keeping its interest rates unchanged to monitor the impact of previous monetary actions. In a press briefing, BSP officer-in-charge Francisco Dakila Jr. said the central bank believes that prevailing monetary view settings remain appropriate. The overnight reverse repurchase […]

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Foreign businesses seek more revision of Vietnam’s investment policy

The Hanoitimes – According to the draft law, conditions for 12 business lines including commercial arbitration organizations, logistics and franchising, are proposed to remove. Investors, especially foreign ones, are expecting more significant changes in the amended Law on Investment as they still have some concerns about the latest draft law. The Ministry of Planning and Investment […]

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Trade war could be ‘silver lining’ for Myanmar

Myanmar has to move to tap into opportunities created by trade tensions between the world’s two largest economies, said a senior Singaporean academic. The US-China trade war has provided “silver linings” for many countries, such as Vietnam. in the Southeast Asia region, said Simon Tay, Chairman of Singapore Institute of International Affairs (SIIA), in the […]

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