The banking system outlook in Thailand next year is stable, while the challenges of Asia-Pacific banks include long-term risks related to the high degree of private-sector leverage, says Moody’s Investors Service. Banking systems in Asia-Pacific overall show a stable outlook for 2018, the international credit rating agency said. Of the 16 banking systems discussed, two […]
Read MoreA SURPRISE move by China’s central bank to raise borrowing costs pushed regional markets into red territory, after the US Federal Reserve’s rate hike. The benchmark Straits Times Index (STI) was not spared on Thursday, ending the day lower by 32.99 points or 0.95 per cent to 3,435.78. Turnover came in at 1.3 billion valued […]
Read MoreTEMPO.CO, Jakarta – Bitcoin Indonesia CEO Oscar Darmawan says that Bitcoin is not a currency. Therefore, he expects the government to issue a regulationon its exchange market or plant. Oscar agrees with Bank Indonesia’s decision not to recognize Bitcoin as a currency. “We agree with BI regulation and we support it,” he says in Jakarta yesterday. Oscar explains that […]
Read MoreThe Hanoitimes – This is a new car production factory in Vietnam with the localization rate of over 60%, capacity of 20,000 vehicles / year and total investment capital of VND 7,000 billion With the aim of being the largest passenger car factory in Southeast Asia, Bus THACO Factory is equiped with new and modern technological […]
Read MoreThe Yangon Regional Government is planning to allow the return of shared taxi services between the outskirts and Sule Pagoda in downtown Yangon, said Daw Nilar Kyaw, Minister of Electricity, Industry, Transport and Communication. The move comes amid rising demand and is likely to introduce more competition in the Yangon taxi market. It is also […]
Read MoreMANILA, Philippines — Unemployment in the country rose in October due to a drop in the number of agriculture workers, government data showed. Based on the results of the Philippine Statistics Authority Labor Force Survey(LFS) for October, the jobless rate in October stood at five percent, slightly up from 4.7 percent in the same month […]
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Thailand
