TO maintain the integrity of the Philippine currency, the Bangko Sentral ng Pilipinas (BSP) retired 519.93 metric tons of unfit, demonetized, mutilated and counterfeit (UDMC) coins through defacement. In a statement on Wednesday, BSP said that the coin defacement was undertaken beginning October 2021 until September 2022. Coin defacement, done via machine, involves a process […]
Read More(Bloomberg) — Malaysia is expected to raise its benchmark interest rate again Thursday, as the Southeast Asian nation seeks to cool persistently high inflation ahead of a general election due in weeks. Bank Negara Malaysia will hike the overnight policy rate by 25 basis points to 2.75% at its last policy meeting of the year, […]
Read MoreThailand can use the Apec Summit and its side meeting, the Apec CEO Summit, to forge more cooperation under “mini-free trade agreements” (mini-FTAs) as part of efforts to brace for a global economic slowdown next year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). A mini-FTA can boost Thailand’s trade and investment faster […]
Read MoreCambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) member countries was valued at 24 billion U.S. dollars in the first nine months of 2022, up 11 percent from the same period last year, the Ministry of Commerce said in a report on Wednesday. Cambodia’s export to RCEP member countries reached 4.7 billion dollars during the […]
Read MoreVietnam is among the countries with a high number of companies using Blockchain. It is also among the leading countries in the digital asset adoption index ranked by Chainalysis. In August 2022, Genetica, a Vietnamese startup in the field of gene decoding, began providing GeneNFT service. For the first time Vietnamese users can see their […]
Read MoreLauding the Regional Comprehensive Economic Partnership (RCEP), Cambodian Prime Minister Hun Sen said it has strengthened the global value chains and protected the multilateral free trade system. The world is facing uncertainty due to the war in Ukraine, climate change, geographical situation, and trade and technology war, the Prime Minister said during the 10th anniversary […]
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