The Bank of Thailand has implemented additional regulations to supervise IT system management among e-payment service providers in order to beef up cybersecurity and keep up with upgraded technologies. The central bank has enforced upgraded regulations on IT risk management to supervise all e-payment service providers, covering non-bank companies, in addition to the existing regulations […]
Read MoreJAKARTA: Indonesia’s central bank is seen trimming its benchmark rate for the first time this year on Thursday, on top of the five rate cuts it has delivered since the start of the coronavirus pandemic, according to a majority of analysts in a Reuters poll. Bank Indonesia (BI) will cut the 7-day reverse repurchase rate […]
Read MorePETALING JAYA: With all eyes on the ongoing fourth-quarter 2020 (Q4) earnings season, the FBM KLCI is expected to trade range-bound this week after notching over 40 points since the start of February. Analysts believe that investors would take a wait-and-see approach as they monitor carefully the Q4 financial results that will be concluded by […]
Read MoreMANILA, Philippines — The peso yesterday pierced the 47 to $1 level to hit its strongest level in more than four years as the country’s foreign exchange buffer eased in January from an all-time high in December. The local currency gained 11.5 centavos to close at 47.93 to $1 from Thursday’s 48.045 to $1. It […]
Read MoreThe Cabinet on Monday approved 37.1 billion baht of assistance to help low-income workers during the country’s current coronavirus outbreak, a government spokesman said. The government will offer 4,000 baht each to 9.27 million workers, Anucha Burapachaisri told a briefing. The new relief followed a recent 210 billion baht scheme for about 31 million people. […]
Read MoreThailand’s PTT Exploration and Production Public Company Limited (PTTEP) has made its largest-ever gas discovery in Malaysia, the company announced in a press release on February 10. PTTEP made the discovery through its wholly-owned subsidiary, PTTEP HK Offshore Limited (Malaysia) (PTTEP HKO), which successfully completed drilling the Lang Lebah-2 appraisal well under the Sarawak SK […]
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Thailand
