SINGAPORE (BLOOMBERG) – Singapore is seeking to cement itself as a key player for cryptocurrency-related businesses as financial centres around the world grapple with approaches to handle one of the fastest-growing areas of finance. “We think the best approach is not to clamp down or ban these things,” said Mr Ravi Menon, managing director of the […]
Read MoreInsufficient vehicles and more expensive transportation costs at the airport on the first day of reopening prompted tourism operators to urge further relaxation of transport permits. Thanet Supornsahasrungsi, acting president of the Chon Buri Tourism Council, said only vehicles with yellow or green licence plates can pick up tourists at the airport, but the number […]
Read MoreThe business community has welcomed a government decision to ease restrictions for local and foreign investors who reside in the Kingdom, particularly the waiver of hotel quarantine and the option to isolate at home. The decision was one of many revealed when the government on November 1 announced the reopening of the country in all […]
Read MoreMANILA, Philippines — More Filipinos are still opting to keep their money in banks as deposits grew by 8.1 percent to P12.1 trillion as of end- August this year, according to the Bangko Sentral ng Pilipinas (BSP). In a report, the BSP said the banking industry’s deposit base consisted of P5.98 trillion in savings deposits, […]
Read MoreThe Board of the Oil Fuel Fund Office has approved a plan to borrow 30 billion baht to support the government’s move to cap the diesel pump price at 30 baht per litre. Sompop Patana-ariyangkul, spokesman for the Energy Ministry, said on Tuesday that the board, chaired by Energy Minister Supattanapong Punmeechaow, approved the loan […]
Read MoreThailand’s digital economy is growing exponentially, particularly in the gaming, e-commerce and e-money segments, according to Sea Thailand, the local unit of Singapore-based consumer internet company Sea. The company also aims to continue to support digital upskilling for the Thai workforce to drive digitalisation in the country as well as prepare the country for an […]
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