Opening of new cryptocurrency accounts may slow in the second half of this year as the Anti-Money Laundering Office (Amlo) announced local digital exchanges must verify their customers’ identities through a “dip-chip” machine that requires clients to be physically present. The dip-chip requirement comes into effect in July, said Poramin Insom, co-founder and director of […]
Read MorePETALING JAYA: The pace of economic recovery in the second quarter (Q2) will shape how Malaysia’s gross domestic product (GDP) will fare in the second half of the year as the number of Covid-19 cases spike, according to economists. The number of cases recently surpassed the 3,000-mark and this may put a dampener on the […]
Read MoreMANILA, Philippines — The government continued to accumulate more debt in March to a new record-high, as the country’s needs amid the lingering coronavirus pandemic grow. What’s new The state’s total outstanding debt climbed 3.5% month-on-month to P10.77 trillion as of the first quarter, the Bureau of the Treasury reported Monday. The uptick means P368 […]
Read MoreThe private sector threw its weight behind nongovernmental organisation (NGO) Rescue Task Force (RTF) over the weekend as it distributed goods directly to 100 families in Red Zones across the capital’s Steung Meanchey district. A total of 1,500 kilogrammes of rice, 200 kilogrammes of sweet potatoes, 100 bottles of fish sauce, 400 tins of sardines, […]
Read MoreVietnam’s digital economy will likely reach 52 billion USD in value by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain & Company. With the gross merchandise value (GMV) of its internet economy accounting for over 5 percent of the country’s GDP in 2019, Vietnam is emerging as the most digital […]
Read MoreBangkok is the most popular city in Asia for digital nomads and ranks fourth globally thanks to affordable internet and living costs, according to a study by Resume.io, a Netherlands-based online resume maker. The Thai capital’s ranking shows it is “a firm favourite for a post-pandemic influx of nomadic workers”, Resume.io indicated. Digital nomads are […]
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Thailand
