FACTORS INFLUENCING THE RINGGIT

SINCE the ringgit was de-pegged in 2005, it had strengthened by only 1% to end the…

HIGHER SALARY FOR EP HOLDERS MAY HIT SMEs HARDER

One company hires remote workers where possible, while another invests in internship programmes to nurture local…

US MNCs TO INVEST US$1B IN THE PHILIPPINES

US companies are set to announce investments amounting to more than US$1 billion dollars in the…

SWIFTONOMICS EXPECTED TO BOOST SINGAPORE’S GDP: CNA

One economist expects Taylor Swift’s concerts to add around S$300 million to S$400 million to Singapore’s…

SEA TURNS IN FIRST ANNUAL PROFIT AS E-COMMERCE PAYS OFF

Singapore-based Sea delivered its first annual profit since the internet firm’s market debut in 2017, as…

CHINA’S FX RESERVES HITS US$3.2 TRILLION

China’s foreign exchange reserves unexpectedly rose in February, official data showed on Thursday (Mar 7), even…

BITCOIN RISES TO RECORD OVER US$70,000

Bitcoin rallied to a record high on Friday (Mar 8) in volatile trade, as crypto mania…

TYCOON ON TRIAL IN VIETNAM FOR FRAUD

Truong My Lan is accused of swindling the cash from Saigon Commercial Bank, in which she owned…

MALAYSIA OPEN TO FX INTERVENTION AS MYR SINKS

Malaysia’s central bank is “always ready” to curb the ringgit’s volatility, a senior finance official said,…

STANDARD CHARTERED & FREIGHT AMIGO LAUNCH PRODUCT TO FACILITATE FUNDING

Standard Chartered Bank (Hong Kong) Limited and FreightAmigo have joined forces to utilize a privacy-preserving technology…