The retail central bank digital currency (retail CBDC) is aimed at providing access to convenient and secure financial services, Vachira Arromdee told a briefing. “It will not affect the Thai …
Thai baht performs worst of all Southeast Asian currencies
Many are still unsure of Thailand’s stability, with investors, importers and exporters still having doubts. The Finance Minister believes there’s no need to panic, as he was expecting a backlash when …
Iran, world powers ready to welcome back US to nuclear deal
BRUSSELS (AP) — Iran and the major powers in the agreement to keep Tehran from developing nuclear weapons said Friday they are ready to welcome the return of the United States. The chair of the group …
Iranian Government Removes Iran Air From Sale
This decision was announced earlier this week, with the Transportation Ministry citing concerns that the company could face financial challenges moving forward. Iran Air has a fleet of 39 aircraft …
The China-Iran Pact is a Game Changer
The China-Iran joint statement of last Saturday has made waves in the international media and among regional analysts from Israel to India. Israel is anxious that there is going to be security …
Turkey’s Marti Hotels Mulls Convertible Bond as Bookings Pick Up
Turkey’s Marti Hotels & Marinas may issue convertible bonds to finance growth and sees the outlook brightening for tourism over the next year as the impact of the coronavirus outbreak begins to fade.
Vietnam gets Laos Govt green light for VDS to own 20 per cent of shares in Vung Ang Port
A share transfer agreement for the Lao government’s 20 per cent shareholding in Vung Ang Port was signed between the Lao Logistics State Enterprise (LLSE) and Lao-Vietnam Vung Ang Port Development …
House bill proposes financial literacy subject in junior high
The newly filed measure, titled Savings and Investments Act of 2021, aims to promote investor education and protection, aimed at creating a ‘scam-proof’ population.
Indonesia says China consortium to invest $5 billion in electric battery venture
JAKARTA (Reuters) – Indonesia’s state-owned enterprises minister said on Friday that a Chinese consortium would invest $5 billion in an electric batteries venture, which would include China’s …
China Isn’t the Problem, Neoliberalism Is
The ascendance of Wall Street, and of a managerial bureaucracy (PMC) more generally, largely explains the political realignments that have been playing out in the U.S. Beginning in the 1970s, the …