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The paper says the dispute about taxation for cryptocurrency trading bodes ill for public discussions governing new types of digital investment.
SINGAPORE (The Straits Times/Asia News Network): Senior Minister and Coordinating Minister for National Security Teo Chee Hean called on Indonesian President Joko Widodo and met the country's other leaders during his three-day working visit, which ended on Wednesday (Dec 1).
Thailand's central bank on Wednesday warned companies about accepting digital assets as payment for goods and services, as more companies rolled out partnerships to accept major cryptocurrencies as payment.
HONG KONG (China Daily/Asia News Network): Hong Kong should be more proactive in identifying and embracing new opportunities for connecting the Guangdong-Hong Kong-Macao Greater Bay Area to the Regional Comprehensive Economic Partnership to achieve further economic and social progress, panellists said at the Greater Bay Area Conference in Hong Kong on Tuesday (Nov 30).
BANGKOK (Bloomberg): A Thai crypto exchange that notched up a valuation of more than US$1 billion in less than four years is planning to offer a range of digital currencies and services in more countries "to become the Coinbase of South-East Asia,” according to its chief executive officer.
WASHINGTON: The U.S. emergency oil reserve is a tool available to Washington to address unusual short-term mismatches between oil supply and demand as the Biden administration looks to move to less volatile energy sources, U.S. Energy Secretary Jennifer Granholm told Reuters on Tuesday.
CIRCULAR economy, which allows the life cycle of products to be extended and reduces waste, is widely acknowledged in public policies and considered by most governments as an effective tool for stimulating a sustainable development process.
NEW YORK: Wall Street stocks closed higher on Monday, regaining some of the ground they lost in Friday's sell-off, as investors were hopeful that the Omicron coronavirus variant would not lead to lockdowns after reassurance from U.S. President Joe Biden.
South-East Asia's initial public offering (IPO) proceeds, as of mid-November, have continued to grow even as the region is still battling the Covid-19 pandemic, with US$9.8 billion (US$1=RM4.21) in funds raised from 121 IPOs, outperforming the full calendar year 2020.
How can China benefit the countries of South-East Asia and help accelerate their recovery following the Covid-19 pandemic?