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Search Result for “interest”

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INVESTMENT

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.

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INVESTMENT

Bitcoin ETFs post longest run of inflows as token nears record

Bloomberg News, Published on 07/06/2024

» MUMBAI - United States exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.

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GENERAL

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.

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GENERAL

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.

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GENERAL

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.

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INVESTMENT

Bitcoin’s longest losing streak of 2024 casts cloud over crypto

Bloomberg News, Published on 09/05/2024

» MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.

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PROPERTY

Singapore home price rises slow, rents fall

Bloomberg News, Published on 26/04/2024

» SINGAPORE - Home prices in Singapore grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.

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PROPERTY

New measures to boost 'sagging' property sector approved

Bloomberg News, Published on 09/04/2024

» The government has unveiled a slew of new measures including reduction in property registration and transfer fees to revive Thailand's residential real estate market.

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GENERAL

Central bank rate decision puts spat with PM in spotlight

Bloomberg News, Published on 09/04/2024

» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.

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INVESTMENT

Thai stock exodus deepens amid corporate woes

Bloomberg News, Published on 27/03/2024

» A market revival for Thailand just is not coming.