Mixed reviews for latest stimulus
The business sector has hailed the government's fresh spending stimulus measures but says the cash handout sounds lower than expected.
Asian markets plunged Tuesday following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates, with attention lasered on its upcoming two-day policy meeting.
JAKARTA: Indonesia's Financial Services Authority (OJK) on Tuesday warned that financial firms are not allowed to offer and facilitate sales of crypto assets amid a boom in crypto trading in Southeast Asia's largest economy.
The business sector has hailed the government's fresh spending stimulus measures but says the cash handout sounds lower than expected.
The Bank of Thailand (BoT) is considering promoting the use of stablecoins to pay for goods and services, specifically in some use cases, which will be useful for financial innovation.
FRANKFURT: Car giant Volkswagen and parts supplier Bosch have embarked on an "extensive partnership" to bring automated driving to the mass market by next year, the German companies said on Tuesday.
CK Power Plc (CKP), one of the region’s largest producers of renewables-based electricity, has announced its plan to more than double its output in the next three years, reflecting the rapid global shift to renewables-based electricity.
HONG KONG: Beleaguered Hong Kong carrier Cathay Pacific's passenger capacity is forecast to remain at just 2% of pre-pandemic levels, hampered by the city's strict Covid-19 travel curbs, while rivals such as Singapore Airlines recover to almost 50%.
Asian markets plunged Tuesday following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates, with attention lasered on its upcoming two-day policy meeting.
JAKARTA: Indonesia's Financial Services Authority (OJK) on Tuesday warned that financial firms are not allowed to offer and facilitate sales of crypto assets amid a boom in crypto trading in Southeast Asia's largest economy.
Car exports are expected to increase to 1 million units for the first time in two years as the Federation of Thai Industries (FTI) pins its hopes on the limited impact of Covid-19 and the global semiconductor shortage on the automotive industry.
The business sector has hailed the government's fresh spending stimulus measures but says the cash handout sounds lower than expected.
SET-listed RS Plc plans to allocate between 1-2 billion baht for new merger and acquisition (M&A) deals this year to create opportunities for growth and expand the ecosystem for the group.
The Bank of Thailand (BoT) is considering promoting the use of stablecoins to pay for goods and services, specifically in some use cases, which will be useful for financial innovation.
The cabinet on Monday greenlighted a proposal to include chickens and chicken meat on the state price control list and tougher measures for chicken raisers, slaughterhouses and feed meal factories.
