On April 16, the U.S. Treasury Department determined in its semiannual Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States that there is insufficient evidence to label Vietnam as…
The Monetary Board approved the guidelines on reputational risk management which set out the supervisory expectations for Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions (BSFIs) on the identification, assessment, and management of reputational risks that…
Singapore, 14 April 2021... The Monetary Authority of Singapore (MAS) has imposed a composition penalty of S$1 million on Bank J. Safra Sarasin Ltd, Singapore Branch (BJS) for its failures to comply with MAS’ Anti-Money Laundering…
SINGAPORE, April 14 (NNN-Bernama) — The Singapore economy grew by 0.2 per cent on a year-on-year basis in the first quarter of 2021, a turnaround from the 2.4 per cent contraction in the previous quarter.…
According to a report by the Indonesian "Compass" on April 4, Indonesian Minister of Trade Rutfi stated in a press release on Sunday that during his visit to China from April 1-3, he had successfully reached…
Singapore approved the ASEAN Trade in Services Agreement (ATISA) on April 5, and was the first ASEAN member country to approve the agreement. Singapore’s Ministry of Trade and Industry stated that Singapore’s rights and…
Vietnam's "Vietnam +" reported on April 6 that the Prime Minister of Vietnam recently approved the overall strategy for the development of Vietnam's service industry from 2021 to 2030, looking forward to 2050. The specific goal of…
The U.S. has imposed sanctions on one of Myanmar’s biggest industries, gemstones, according to a Department of Treasury news release. Specifically, the U.S. is targeting Myanma Gems Enterprise (MGE), a state-owned business “responsible for all…
