Leaders of Asean Plus Three member countries yesterday vowed to boost security in the financial sector, and hinted at the possibility of establishing a bond market in Cambodia. The pledge was made last Friday in Manila, Philippines, during a meeting between finance ministers and governors of the central banks in Asean member countries, Japan, Korea […]
Read MoreGRAB on Monday unveiled three new services to its ride-hailing platform, in its first such update since it announced it would acquire Uber’s South-east Asian operations in March. Notably, two of three of these services are built on Uber’s previous offerings, including uberASSIST and Uber Car Seat. GrabAssist, which will roll out in beta on […]
Read MoreThe lone non-Asian trade minister at the recent Asean summit in Singapore, UK Trade Minister Greg Hands had plenty of room to make the case that Brexit won’t interfere with his country’s ambitious plans in the region. As it scrambles to roll over some 40 European Union trade deals into individual agreements with the UK, London […]
Read MoreSINGAPORE: To deal with a familiar combination of falling currencies and uncertainty about economic growth, Asian central banks are reverting to their classic policy playbook. They are intervening in currency markets while concurrently injecting cash into their economies. The currencies of Asia’s economies with relatively high interest rates, such as Indonesia, India and the Philippines, […]
Read MoreRepresentatives of the 10 Asean member states yesterday shared important lessons about the implementation of guidelines in the management of cosmetics. The 28th meeting of the Asean Cosmetics Committee is taking place in Vientiane from May 1-4, chaired by Director General of the Food and Drug Department under the Ministry of Health, Dr Somthavy Changvisommid. […]
Read MoreGROWTH in Asean is expected to remain robust in the coming years on the back of improving global demand, according to a new report out on Wednesday. But two key risks could derail this rosy outlook: interest rates rising faster than expected, or an escalation in global trade tensions. The report was released by the […]
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Thailand
