Fiscal

Fiscal

Fiscal is a section of Politics on investvine.com
Singapore fears money laundering through Bitcoin

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The Singapore government has said it plans to regulate virtual-currency intermediaries including operators of Bitcoin exchanges and vending machines to address potential money-laundering and...
Philippines await new credit rating upgrade

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The Philippines may get a further credit rating upgrade as early as 2014 on the back of the economy’s rosy prospects, Bangko Sentral ng...
Global markets wait for cheap Thai rice

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Rice traders on the world market have temporarily paused dealing to wait for the Thai government to sell its stockpile cheap to repay a...
Thailand’s GDP growth drops to 0.6%

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Data released by the Thai authorities on March 3 showed that the country's economy grew just 0.6 per cent in the final quarter of...
Myanmar: Prices for food staples rise up to 90%

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Myanmar has seen an increase of 10 to 90 per cent in basic commodity prices within a year after the government gave a pay...
First Bitcoin ATMs open in Singapore, Hong Kong

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Even though the recent bankruptcy filing of Japanese Bitcoin exchange Mt. Gox has shaken the Bitcoin community, there seems to be still enough confidence...
Myanmar to set up anti-corruption commission

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Myanmar will "soon" set up an anti-corruption commission comprised of 15 lesser-known former public servants, according to a message sent by the president to...
Indonesia growth might fall back to 2009 levels

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Indonesia’s Finance Minister Chatib Basri said on February 23 that economic growth in the country may slow this year to the least since 2009...
Indonesia ore export ban: 570,000 lose jobs

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Indonesia’s controversial decision to ban exports of unprocessed minerals is triggering unintended but predictable consequences, as about 570,000 mining workers are losing their job. On...
Sinning in Singapore gets more expensive

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With Singapore's new budget 2014/15, the so-called "sin" taxes on tobacco, alcohol and gambling are going up in the city state, with alcohol taking...
Myanmar microfinance loans capped at $500

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Microfinance institutions in Myanmar are worried a new directive by the sector’s regulator that caps loans at 500,000 kyat (nearly $500) could stifle small...
Vietnam bans use of Bitcoin

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The government and the State Bank of Vietnam do not recognise Bitcoin as a means of payment in the territories of Vietnam, a release...
Bad debt in Vietnam seen at 15% of loans

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Rating agency Moody's in a new report on Vietnam said that the country's non-performing loan (NLP) ratio is much higher than the official figure...
Singapore’s 2013 growth revised to 4.1%

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Singapore's economy expanded by 4.1 per cent in 2013, an improvement on the 1.9 per cent the previous year, the government said on February...
Survey: Malaysia threatened by financial instability

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The Malaysian Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA) in their quarterly member survey said that dark clouds...
Indonesia taps into Hajj fund to raise cash

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The cash-strapped Indonesian government is using liquidity from its Hajj pilgrimage fund to buy domestic Islamic bonds, or sukuks, in a move to reduce...
Malaysia limits bulk sales of property to 4 units

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The Malaysian government has implemented a measure to control bulk sales of property to try and curb the proliferation of “property clubs” that have...
Myanmar introduces international gold standard

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Myanmar announced February 12 that for the first time it will use international measurement standards to issue gold bars. Myanmar officials say the change...