The Thailand Bond Market Association (ThaiBMA) plans to issue cryptocurrency to facilitate bond trading, making it less costly and more convenient, said the association’s president Tada Phutthitada. There are three steps leading to cryptocurrency use in bond trading – first, the ThaiBMA will apply blockchain or distributed ledger technology (DLT) for the registration of bonds. […]
Read MoreCambodia and Laos will sign a power deal this week during the state visit of the Laotian prime minister. Through this week’s agreement, the Kingdom will buy 2,400 megawatts from neighbouring Laos. This week’s deal will be discussed at the Council of Ministers tomorrow, according to Victor Jona, the director-general of energy at the Ministry […]
Read MoreKUALA LUMPUR: Malaysia is looking to diversify into food crops, in the face of fluctuating commodity prices and Western countries’ hostility towards palm oil. In an interview with The Straits Times, Agriculture and Agro-based Industry Minister Salahuddin Ayub said there are plans to plant more food crops on agricultural land, including in oil palm plantations. […]
Read MoreThe sales rate for new condos launched in Bangkok in the second quarter fell to historic lows as loan-to-value (LTV) limits, a weak economy and stronger baht dampened demand, according to property consultant Knight Frank Thailand. Risinee Sarikaputra, director of research, said the sales rate for new condo supply in the second quarter — 15.7% […]
Read MoreMANILA, Philippines — Data from the Mines and Geosciences Bureau (MGB), however, showed a decline in metal prices during the period. MGB expects prices to rebound in the second semester, especially for base metals copper and nickel. “The positive outlook was motivated by expected economic growth and increased demand from China. The growing concern for […]
Read MoreSoutheast Asia can be a poster child for digital integration but it needs both top-down and bottom-up momentum for that to happen. It also requires regional leadership. Can Thailand play that role? Southeast Asia’s digital economy was worth US$31 billion in 2015, and is forecast to grow to $200 billion by 2025. But this figure […]
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