The government has defended a bill to allow foreigners categorised under four specific groups to apply for permission to buy up to 1 rai of land on the condition they invest at least 40 million baht each for at least three years.Continue Reading
The Pheu Thai Party says it opposes a new government plan to allow eligible foreigners to own as much as one rai (roughly 0.4 acre) of land for residential purposes, saying it would not truly benefit the country’s economy and people.Continue Reading
Elon Musk’s proposed US$44 billion deal to acquire Twitter and take it private is reportedly coming together as a court’s October 28, 2022, deadline is upon us. Musk told his bankers he intends to complete the deal by then – and his lenders have reportedly already begun funding the deal. If he doesn’t, Twitter’s lawsuit […]Continue Reading
This marks the highest yield on a six-month T-bill since more than 30 years ago, when the return rate peaked at 4.73 per cent.Continue Reading
China’s economic aspirations have evolved rapidly. What has remained constant for centuries is a determination to return to the domestic wealth and international power that most Chinese view as the only acceptable norm for a civilization that long led the global economy. Under Deng Xiaoping and Jiang Zemin (1978– 2003), the leadership’s model of how […]Continue Reading
Before putting money in a digital wallet, do you check if the provider is licensed by the Monetary Authority of Singapore? Or read through its terms and conditions? CNA asks lawyers whether you should be doing these things.Continue Reading
SINGAPORE: Over about four years, a married man targeted five women into sending him sexually explicit pictures and videos by posing as a pimp from a prostitution ring or the boss of a lingerie business. One victim, who told him she was in debt and needed money, wound up doingContinue Reading
SINGAPORE (Reuters) – Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid to reduce the risk of consumer harm from the volatility of the industry. Read full storyContinue Reading
Trading in cryptocurrencies is “highly risky and not suitable for the general public”, the Monetary Authority of Singapore reiterated.Continue Reading
Almost five years to the day that he inaugurated a “new era of socialism with Chinese characteristics”, General Secretary Xi Jinping returned to the Great Hall of the People to renew his ‘common prosperity’-based agenda of modernization and national rejuvenation. In his report to the 20th National Party Congress, Xi acknowledged the darkening geopolitical clouds on the horizon — the “black swans”, unpredictable dangerous […]Continue Reading