Showing 1 - 10 of 22
PM Srettha touts plans for casinos, nuclear power
Bloomberg News, Published on 22/06/2024
» Prime Minister Srettha Thavisin on Saturday used his first monthly television address as the country's leader to promote plans for legalising casinos to curb illegal gambling and building a nuclear power plant to reduce electricity costs.
Xi, Putin score wins as more Asia leaders aim to join Brics
Bloomberg News, Published on 21/06/2024
» SINGAPORE - As Russian President Vladimir Putin and Chinese Premier Li Qiang wrapped up separate meetings in Southeast Asia this week, the two partners in the Brics economic bloc encountered a region keen to join a group seen as a hedge against Western-led institutions.
Tiny Singapore sees sudden frenzy in deals worldwide
Bloomberg News, Published on 21/06/2024
» SINGAPORE - Singapore has turned into a hive of activity for mergers and acquisitions this quarter as investor confidence returns, helped by the relative economic and political stability of the island nation nestled in Southeast Asia.
Central bank renews case to limit digital wallet scheme
Bloomberg News, Published on 19/06/2024
» The Bank of Thailand (BoT) remains firm in its opposition to a government plan to give 500 billion baht in cash to almost all its adult citizens to revitalise consumption activity, saying the prudent thing would be to limit assistance to the needy.
Bitcoin miners pivot to Southeast Asia after China crackdown
Bloomberg News, Published on 14/06/2024
» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.
Suzuki to stop making cars in Thailand to focus on EV shift
Bloomberg News, Published on 07/06/2024
» Suzuki Motor Corp will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company said Friday.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Singapore wealth flows face renewed scrutiny in superhacker case
Bloomberg News, Published on 31/05/2024
» SINGAPORE- Before he was arrested this month for allegedly running what is likely the world's largest cybercrime computer network, Wang Yunhe enjoyed a lavish lifestyle in Singapore.
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
Govt plans Asia's first sovereign sustainability-linked bond
Bloomberg News, Published on 29/05/2024
» The government plans to sell as much as US$1.1 billion of baht-denominated sustainability-linked bonds (SLBs) in the fourth quarter, in what looks set to be the first such offering from an Asian government.