The Bank of Thailand has warned people to avoid investing in illegal digital currency called Onecoin, which spreading is in the country, saying it cannot be used as legal tender. “There have been invitations to invest in an electronic information unit called ‘Onecoin’, claiming it is a digital currency widely adopted around the world,” said […]
Read MoreJAKARTA — Indonesia’s central bank loosened regulations on reserve requirements on Friday to allow banks some flexibility to better manage liquidity, a step aimed at reducing volatility in the overnight money market. From July, banks must keep a minimum 5% of their total deposits at Bank Indonesia (BI) everyday and maintain at least a 6.5% […]
Read MoreDespite the 30 percent drop in FDI compared to the preceding year, the inward FDI in the financial year 2016-17 was moderately satisfactory, with US$6.6 billion. That amount mainly derived from the transport and communications sector. The sector alone attracted US$3 billion FDI, making it the top sector in terms of FDI. However, it is […]
Read MoreWith over 104 million international arrivals in 2015 and an average growth of 8%, South-East Asia’s travel and tourism industry has incredible potential to help generate growth With over 104 million international arrivals in 2015 and an average growth of 8%, South-East Asia’s travel and tourism industry has incredible potential to help generate growth, create […]
Read MoreMANILA, Philippines – Vietnam, the country’s largest rice supplier, has renewed its commitment to aid the Philippines in its rice import requirements amid an ongoing order from President Duterte to defer all rice importation. Trade Undersecretary Ceferino Rodolfo said the commitment was relayed by Vietnamese Vice Minister for Trade and Industry Tran Quoc Khanh during […]
Read MoreTEMPO.CO, Jakarta – Indonesia is aiming for 5.6 percent economic growth in 2018. The government will turn its focus to six sectors to achieve the target. “[There are] six sectors, namely processing industry, particularly non-oil and gas, agriculture, trade, information and communication, construction, and financial services,” the National Development Planning Minister Soemantri Brodjonegoro said yesterday. […]
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Thailand
