Showing 1 - 10 of 197
Asean, Japan, China, S. Korea ensure funds for pandemics, disasters
Kyodo News, Published on 04/05/2024
» TBILISI - The Association of Southeast Asian Nations (Asean) plus Japan, China and South Korea on Friday agreed to provide each other funds in times of emergency such as pandemics and natural disasters, building on their existing currency swap arrangements for the United States dollar and its counterparts.
China widens South America trade highway
Published on 20/01/2024
» CHANCAY, Peru - In September, a group of Brazilian farmers and officials arrived in the Peruvian fishing town of Chancay. The draw: a new Chinese mega-port rising on the Pacific coast, promising to turbocharge South America’s trade ties with China.
HK has a new breed of stressed money seekers
News, Shuli Ren, Published on 05/01/2024
» Just when people started to give up on Hong Kong's relevance as a financial hub, a new breed of money seekers is coming to town.
China reportedly suspends $6.5bn currency swap agreement with Argentina
South China Morning Post, Published on 21/12/2023
» China has suspended a US$6.5 billion currency swap agreement with Argentina, and the freeze remains in effect until President Javier Milei demonstrates a clear intention to engage with Beijing, Argentine media have reported.
BoT eases forex rules for stability
Business, Somruedi Banchongduang, Published on 28/06/2023
» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.
Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
BoT mulls easing yuan-baht trade payment
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Bank of Thailand plans to relax rules for yuan-baht trade payment supporting local currency settlement, reducing reliance on the US dollar.
Bank of Thailand to relax rules on use of yuan for trade
Reuters, Published on 11/05/2023
» The Bank of Thailand (BoT) expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, BoT deputy governor Mathee Supapongse said on Thursday.
Banks eye yuan-baht trade payments
Business, Somruedi Banchongduang, Published on 27/04/2023
» The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.
CKPower posted a record profit in 2022
Published on 21/02/2023
» CK Power Plc (CKPower), one of Southeast Asia’s largest renewable energy producers, has achieved continuous growth in all aspects of its operations, including revenue, net profit, total assets, and share of profit on investment, said Thanawat Trivisvavet, managing director.