Saturday, November 18, 2017 - 9:51:23

financial markets

Jury still out on cryptocurrency in Vietnam

Business

Jury still out on cryptocurrency in Vietnam

The use of cryptocurrency and blockchains in Vietnam is currently limited to just one percent of the total population, though experts anticipate that the number could grow to 30 million users in the next ten years.

Vietnam to adopt IFRS by 2025

Business

Vietnam to adopt IFRS by 2025

Vietnam is expected to adopt International Financial Reporting Standards (IFRS)by 2025 in its efforts to enhance comparability and improve transparency.

Stocks plunge on US election result

Business

Stocks plunge on US election result

Shares retreated on the two local exchanges as investors sold off their investment portfolios on worries the Republican Donald Trump’s win in the US Presidential election could shake global stability.

Malaysia to apply new exchange rate

ASEAN

Malaysia to apply new exchange rate

Bank Negara Malaysia (BNM) and the Financial Markets Association of Malaysia (FMA) announced that a new methodology in the US dollar/ringgit (USD/MYR) spot fixing will be based on market transaction.