Showing 1 - 10 of 13
Crypto regulation must be innovative
Asia focus, Suwatchai Songwanich, Published on 19/04/2021
» India's government made global headlines last month with news of its proposed ban on the possession, issuance, mining, trading and transferring of cryptocurrencies and crypto-assets. If passed, the law would make India the first country to make cryptocurrencies illegal.
Teaming up for the future of digital currency
Asia focus, Suwatchai Songwanich, Published on 15/03/2021
» China recently joined the United Arab Emirates, Hong Kong and the Bank of Thailand in a joint project that aims to get more Asian central banks to explore the potential of distributed ledger technology, also known as blockchain, to enhance the digital financial infrastructure for cross-border payments.
The race to regulate fintech
Asia focus, Suwatchai Songwanich, Published on 30/11/2020
» The recent aborted initial public offering (IPO) of Ant Group, which was set to be the biggest in history, was a stark reminder of just how important and closely watched the fintech industry is globally.
China steps up as digital currency pioneer
Asia focus, Suwatchai Songwanich, Published on 14/09/2020
» The People's Bank of China is blazing a new virtual trail with pilot tests of its national digital currency around the country. Digital Currency Electronic Payment (DCEP), the digital version of the renminbi, will be tested in Shenzhen, Suzhou, Xiongan and Chengdu and at venues of the 2022 Winter Olympics scheduled for Beijing and vicinity.
China's quantum progress
Asia focus, Suwatchai Songwanich, Published on 29/06/2020
» China has taken a step forward in the race to master the practical applications of quantum communications in space, using pairs of light particles called photons to send secure messages.
Pandemic a boost for China's railways
Asia focus, Suwatchai Songwanich, Published on 25/05/2020
» The Covid-19 pandemic has given a boost to a central component of China's Belt and Road Initiative, as disruptions in sea and air shipping have led companies to turn to trains to move cargo quickly and inexpensively.
Life after lockdown in Wuhan
Asia focus, Suwatchai Songwanich, Published on 20/04/2020
» After 76 days in lockdown, the central Chinese city of Wuhan -- where the Covid-19 pandemic began -- is no longer sealed off from the world. This month authorities allowed residents to leave the city for the first time since Jan 23 when its 11 million residents were confined to contain the quickly spreading virus.
Fighting Covid-19 together
Asia focus, Suwatchai Songwanich, Published on 06/04/2020
» Economic forecasts for this year were gloomy enough before Covid-19 started to spread around the world. The outbreak has only increased global turbulence as countries impose lockdowns in an attempt to combat the spread of the disease.
China's cryptocurrency crackdown
Asia focus, Suwatchai Songwanich, Published on 16/12/2019
» Weibo, China's largest microblogging service, has banned the cryptocurrency exchange giants Binance and Tron from its platform amid what appears to be a fresh crackdown on digital currency trading in China. At the same time, watchdogs in Shanghai issued notices calling for a cleanup of companies involved in cryptocurrency trading, while Beijing's regulator warned against illegal exchange operations.
Swine fever a serious threat to Southeast Asia
Asia focus, Suwatchai Songwanich, Published on 14/10/2019
» With pork being China's most popular meat, the African Swine Fever epidemic that first hit the country last year is becoming a major crisis. More than 100 million pigs have already died, including half the country's herd of breeding sows, and the price of pork in China has risen by more than half.