This year, Malaysia will double the limits for online settlement, as the rush of small investors into stocks helped push the market into bull territory. In the second half, the Securities Commission would require up to RM100,000 regular electronic settlement, from the current cap of RM30,000 to RM50,000, said executive chairman Syed Zaid Albar in an emailed reaction to request. …

The Ministry of Finance plans to issue state debt securities (SUN) specifically for overseas diaspora or diaspora bonds by the end of 2020. It is expected that the issuance can be carried out around November 2020 if the relevant ministry ministries are ready. This Diaspora bond has become one of the government’s moves to meet the funding needs of Covid-19 …

MANILA – ABS-CBN Corp. chairman emeritus Eugenio “Gabby” Lopez III on Wednesday attended the congressional hearing of the House of Representatives on the network’s bid on a fresh franchise amid questions over his citizenship. Lopez attended the hearing after Deputy Speaker Rodante Marcoleta who raised several issues against Lopez’s citizenship, said that the chairman emeritus should present in attendance in …

Asean chair for the regional bloc Vietnam has made a proposal this year to hold a physical summit despite the Covid-19 pandemic, A high rank official from Indonesian Foreign Ministry announced today. The face to face meeting, if approved, is expected to be held on June 27 and 28 i Da Nang, Vietnam. The two day summit which includes Asean …

DKI Jakarta Governor Anies Baswedan decided to extend large-scale social restrictions (PSBB). Anies also set this June as a transition period, during which the phase one transition period will end in June 2020 and will be evaluated. Indicators that have been determined in phase one will be considered to determine the next step. In this transition period, business and office …

Marzuki has been known as the leader of the Unified Indigenous Party of Malaysia (BERSATU), officially acting as Deputy Minister of Foreign Affairs and Senator of Malaysia. At the same time, he is the Secretary-General of BERSATU, Member of the Penang State Liaison Committee and Vice Chairman of Pakatan Harapan (PH) Penang. Today, Prime Minister and Chairman Tan Sri Muhyiddin …

Metro Manila – The Philippines has announced yesterday that it has suspended its plan to terminate the Visiting Forces Agreement with the US after President Rodrigo Duterte threatened to pull the country out of the bilateral agreement. Foreign Affairs Secretary Teodoro Locsin Jr. said that the President has directed the Department of Foreign Affairs to inform the United States through …

United Nation rights chief on Wednesday has expressed alarm that China and Asian nations were using Covid-19 crisis as an excuse to target and tighten censorship and free expression. UN rights chief Michelle Bachelet said in a statement that aside for the tigthened censorship in several countries, there were also arbitrary arrests and detention of people who criticize their government’s …

Thailand’s government has announced it plans to create “travel bubbles” through bilateral agreements designed to keep Covid-19 in check when Thailand reopens its borders. “Once the covid-19 situation improves, we’ll allow travel between countries. However only countries that we have an agreement with,” Prime Minister Prayut Chan-o-cha told a briefing in Bangkok. Also adding no such pacts have reached cabinet as …

No one expected that the year 2020 would start off with a global pandemic and how COVID-19 pandemic would effect Thailand’s economy. It all started with the first patients with the deadly coronavirus infection from China’s Hubei province. The wildlife market in the province’s capital city of Wuhan has been named as the source of the infection. The highly contagious …