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Indonesian stocks close at record high on economic rebound
Bloomberg News, Published on 11/11/2021
» Indonesia’s stock benchmark closed at a fresh record high on Thursday amid signs of an economic recovery.
Bitcoin, Ether hit records amid broad rally in cryptocurrencies
Bloomberg News, Published on 09/11/2021
» Bitcoin and Ether hit all-time highs Tuesday in an ongoing cryptocurrency rally that some analysts attributed partly to the search for investments to hedge risks from inflation.
Thai Credit Retail Bank weighing Bangkok IPO next year
Bloomberg News, Published on 08/11/2021
» Thai Credit Retail Bank Plc, a provider of microfinance loans, is exploring an initial public offering in Bangkok that could raise as much as $400 million, according to people with knowledge of the matter.
Crypto exchange Bitkub becomes unicorn, coin surges 200%
Bloomberg News, Published on 03/11/2021
» Bitkub Online Co became Thailand’s latest startup to notch up a valuation of more than $1 billion after it sold a majority stake to the nation’s biggest bank by market value. Bitkub’s coin tripled in value after the deal was announced.
National shipping line to set off in June
Bloomberg News, Published on 23/09/2021
» Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Malacca bypass opens.
Legalisation of kratom spurs rush of online sales
Bloomberg News, Published on 12/09/2021
» Entrepreneur Sittichai Komam didn’t waste time once the government in late August decriminalised kratom, a coffee-like plant native to Southeast Asia that can give users a mild high.
Chip shortage set to worsen as Covid rampages through Malaysia
Bloomberg News, Published on 24/08/2021
» The number of Covid-19 infections is surging in Malaysia, threatening to aggravate shortages of semiconductors and other components that have hammered automakers for months.
‘Factory sandbox’ to protect B700bn sector
Bloomberg News, Published on 19/08/2021
» The government has launched a pilot program to test, vaccinate and isolate factory workers to limit Covid-related disruptions to its export-driven manufacturing industry, one of the few bright spots in an economy crushed by the virus.
Bank of Thailand head says virus fight may need 1 trillion baht more
Bloomberg News, Published on 16/08/2021
» The governor of the Bank of Thailand (BoT) has called for an additional 1 trillion baht in government spending to counter coronavirus, saying the blow to the economy from the pandemic is greater than from the Asian financial crisis in 1997.
India set to clear Boeing 737 Max to fly again within days
Bloomberg News, Published on 12/08/2021
» India is set to allow Boeing Co’s 737 Max jets to resume flights in the country within days, according to a person familiar with the matter, clearing one of the last remaining hurdles for the US planemaker as it seeks to get the model flying again worldwide.