PETALING JAYA: While the three banks Bank Negara has identified as crucial to the domestic banking sector are well-capitalised, the new regulatory framework would make mergers and acquisitions (M&A) more costly, says S&P Global Ratings. The rating agency believed the new systemically important banks (D-SIBs) framework would discourage Malaysian banks from contemplating domestic M&A, as […]
Read MoreSINGAPORE: Singapore’s coronavirus outbreak has spread to its financial centre, with some employees at major companies being told to work from home for at least the next few days and temperature screening checkpoints set up at the front doors of several towers. A worker at an unnamed firm in Marina Bay Financial Centre Tower 1 […]
Read MoreThe Hanoitimes – Customs clearance of Vietnam’s exports of agricultural products to China, including dragon fruit, via official channels is carried out as usual. The decision of Guangxi Zhuang Autonomous Region in China, and possible of Yunnan province, to extend the closure of border markets and suspend informal cross-border trade until the end of February would […]
Read MoreMANILA, Philippines — The National Tobacco Administration (NTA) has approved higher minimum buying prices for tobacco for the next two years after an agreement has been reached between farmers and the private sector. Stakeholders finalized an increase in tobacco floor prices by P2 across all types and grades. For Virginia tobacco, which makes up almost […]
Read MoreThe Energy and Mineral Resources Ministry has decided to stop gas shipments to Singapore in the next three years to cater to domestic demand. “Gas exports to Singapore will stop in 2023 and we will use the gas for the domestic market,” Downstream Oil and Gas Regulatory Agency (BPH Migas) head Fanshurullah Asa said as quoted from the ministry’s press […]
Read MoreFive more products are set to be awarded Geographical Indication (GI) status in a move to build market confidence in them. The Ministry of Commerce, working on GI registration, said they are Cambodian oranges, Kampot salt, golden silk, organic rice, and Ambok (pounded rice). The ministry’s spokesman Seang Thay said it is accelerating GI registration […]
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Thailand
