MUMBAI (REUTERS) – Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies. Coinstore has launched its web and app platform and plans for branches in Bangalore, New Delhi and Mumbai, which will act as its base in India […]
Read MoreCompiled by Thiên Lý The Government plans to issue US dollar-denominated bonds in the domestic market to fund additional stimulus packages to foster the recovery of the economy. A Saigon Economics Times story said it was one of the measures proposed by economists, who target an estimated US$60 billion lying idle in the economy. They said it is […]
Read MoreAnadolu Agency – The European Union will increase its investment in the Asia-Pacific region more than ever before, the head of the European Commission said. Speaking at the 13th Asia-Europe Meeting by a video link, Ursula von der Leyen stressed the importance of strengthening the relationship between Europe and the Asia-Pacific region. “We are going to […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is finalizing the changes to the licensing prudential criteria in view of the deployment next year of a more forward-looking rating system in assessing the compliance of banks and other financial institutions in mitigating business risk. The regulator has circulated a draft circular on the amendment […]
Read MoreForeign investors have little to fear if they want to do business in the Kingdom. A study conducted by Gallup, one of the leading analytics company in the world, found that Cambodia is one of the safest countries in Southeast Asia. The 2021 Global and Order Report ranked the Kingdom as the third safest country […]
Read MoreThe Finance Ministry may consider lowering the import duty on electric vehicles (EVs) as part of the measures to promote the use of EVs, says a ministry source who requested anonymity. Thailand’s EV import tax rates vary. EVs imported from China enjoy a 0% tax rate under a bilateral agreement between Thailand and China. Some […]
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