The Investment Alert Task Force has closed a further 168 financial technology (fintech) or peer-to-peer (P2P) lending platforms and 47 investment entities that are not registered with the Financial Services Authority (OJK). With the latest move, the task force, which is supported by 13 ministries and other institutions, has now closed 803 unlicensed fintech firms – 404 in 2018 […]
Read MoreSOUTH-EAST Asian states have gained from the Trump administration’s policy in Asia so far, said ISEAS-Yusof Ishak Institute senior fellows Malcolm Cook and Ian Storey in a March 14 edition of ISEAS Perspective, writing: “So far, Southeast Asian states have benefitted as a venue for the Trump-Kim summits, greater US security actions in the region, and from […]
Read MoreThai investors have shifted to derivatives products because of sporadic financial market volatility and greater investment knowledge, says KGI Securities Thailand. Lin Chih-Hung, chief operating officer of KGI, said stock markets in Taiwan and Thailand are similar in terms of investor structure, with the majority of trading value coming from individual investors. Retail investors previously accounted […]
Read MoreMANILA, Philippines — The Duterte administration’s economic managers have decided to cut the government’s revenue target this year following the enactment of a watered down tax amnesty law. In a press conference following the 175th meeting of the Development Budget Coordination Committee (DBCC), Budget and Management officer-in-charge Janet Abuel said revenue collections are projected to […]
Read MoreTHE LAO government has taken several steps to make it easier for Chinese nationals to visit Laos, such as reducing the visa fee from $14 to $10, Minister of Information, Culture and Tourism Bosengkham Vongdara (pictured, Vientiane Times) said recently. The minister outlined the measures at the recent Lao tourism promotion meeting in Shanghai. The […]
Read MoreThe American Chamber of Commerce in Cambodia (AmCham) has said an end to the Kingdom’s access to a US preferential tariffs agreement after the introduction of the “Cambodia Trade Act of 2019” by Washington would be “counterproductive”. Such a move would harm not only thousands of factory workers and their families’ livelihoods, but would affect […]
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Thailand
