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Four Asean nations to lift barriers to cross-border investment advisory

SINGAPORE – South-east Asian financial regulators have agreed to allow cross-border investment advisory services and to set standards for social and sustainability bonds, according to announcements from the Asean Capital Markets Forum (ACMF) in Singapore. The forum has launched a framework to facilitate cross-border movement of investment advisers to give investors within the Asean member countries greater access to […]

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Facebook uploads property service in Thailand

Thailand is the first country in Asia-Pacific to see the launch of Facebook’s new Marketplace category, Property for Rent.  Globally, Thailand is the fifth market (after US, Canada, France and Britain) in which Facebook has introduced Property for Rent, said Mayank Yadav, product manager of Facebook Marketplace.  Thailand is an important market for Facebook, with 51 […]

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Philippines: Rice multiplies inflation weight 10-fold

MANILA, Philippines — The contribution of rice to inflation multiplied tenfold this year amid issues on supply and importation, underscoring the need to implement reforms in the government’s agricultural policies, according to the Department of Finance (DOF). In his presentation to members of the Cabinet, Finance Secretary Carlos Dominguez said rice has become one of […]

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Thailand: Motorcycle taxis in line for fuel discount

Motorcycle taxis nationwide will receive a discount on gasohol 95 of three baht per litre by December in a bid to manage the effects of higher global oil prices, says Deputy Prime Minister Somkid Jatusripitak.  The discount price will be administered through the state-owned oil and gas conglomerate, PTT Plc, whose petrol stations will take part in […]

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