In order to fund this initiative, the government is considering borrowing money to ensure that the program can be sustained. However, this approach has raised concerns about the potential increase in national debt and the long-term financial burden it may place on the country. This article was originally published here: Thai PM faces Challenges Securing Funding for Digital Wallet Scheme ..read more

Deputy PM Lawrence Wong to become Singapore's PM in May, succeeding Lee Hsien Loong after 20 years. Challenges include economic, housing. This article was originally published here: Singapore Designates Lawrence Wong as Prime Minister, Effective May 15 ..read more

ASEAN has become a major destination for manufacturing investment, surpassing China as the top choice for OECD countries in 2022 and 2023. This article was originally published here: ASEAN Surpasses China in Manufacturing Foreign Direct Investment (FDI ..read more

Despite the positive impact of the measures, SCB EIC anticipates a limited overall increase in market demand due to factors such as household debt, high interest rates, and limited access to housing loans affecting buyers with moderate to lower purchasing power. This article was originally published here: 2024 measures to boost property sector to have limited impact ..read more

The SEC and the Ministry of DE are working together to limit access to unauthorized digital asset platforms, combat money laundering, and fight cybercrime. Investors are advised to withdraw their assets and exercise caution. For a list of licensed operators, visit the SEC's website. This article was originally published here: SEC to restrict access to unlicensed digital asset service platforms (SEC News ..read more

The SCB EIC projects that the economies of CLMV countries will continue to expand in 2024 due to the recovery of exports and tourism, leading to improved economic conditions and labor market recovery. This article was originally published here: CLMV economy likely to expand upwards in 2024 ..read more

The Government of Thailand has made significant efforts to combat trafficking, including increasing the number of investigations, prosecutions, and convictions, but still falls short of fully meeting the minimum standards for the elimination of trafficking. This article was originally published here: Uncovering the Expansion of the Human Trafficking Black Market in Thailand ..read more

The e-commerce segment in Thailand is expected to reach 700 billion baht this year, driven by a significant increase in business registrations and consumer adoption of technology for retail purchases. This article was originally published here: E-commerce in Thailand expected to reach 700 billion baht in 2024 ..read more

Singapore has established itself as a leader in sustainable finance within the Southeast Asian (SEA) region. The city-state's strategic initiatives and public sector leadership have positioned it as a blueprint for green financial centers globally. This article was originally published here: Singapore’s Pioneering Role in Sustainable Finance in Southeast Asia ..read more

The recent report from global consultancy Bain & Company emphasizes the inadequate green investments in Southeast Asia, which are necessary to reduce emissions. The report also points out the region's heavy dependence on fossil fuels and the slow progress of clean energy development. This article was originally published here: South East Asia is falling short on green investments  ..read more