Thailand's central bank (BoT) has pledged to maintain a strong monetary policy framework amid rising global uncertainty, particularly as new policies are expected to be introduced in the US.
Singapore’s Protection from Scams Bill, presented to Parliament on November 11, proposes an unprecedented measure allowing police to issue Restriction Orders (RO) on suspected scam accounts. If it is passed, Singapore will be the first country to grant police authority to intervene in bank transactions to prevent fraud.
Thailand's Deputy Finance Minister Paopoom Rojanasakul confirmed on September 30 that the Government has secured funding for the second phase of the “Digital Wallet” programme, with a budget of 180 billion THB (5.4 billion USD).
Eligible recipients for the 10,000-THB digital wallet handout scheme can start registering from August 1, Thai Prime Minister Srettha Thavisin said on July 15.
The Philippine House of Representatives on December 15 approved a bill on the establishment of the "Maharlika Investment Fund" with capital of 2 billion USD, much lower than the original proposal.
The Ministry of Public Security has issued a warning over a new type of scam where apparent official bank messages are sent to customers to appropriate money.
Cambodian Prime Minister Samdech Techo Hun Sen on August 5 called for joint efforts to combat terrorism in the region following a series of bomb blasts in neighbouring Thailand last week.
The State Bank of Vietnam is planning to change its policy on reserve requirement ratios for credit institutions and foreign banks’ branches for the first time since 2011.
Overseas remittances will continue adding a vital impetus to the economy, including the property sector in 2018, according to Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association.
Philippines’ National Food Authority (NFA) on July 6 invited tenders for 250,000 tonnes of 25 percent broken long grain white rice in order to add to the government’s stockpile.
