The BOT has therefore revised the Consultation Paper on Virtual Bank Licensing Framework, taking into account the feedback received from the first public consultation.

DFMGI will provide strong diversification and hedging opportunities for both retail and institutional investors and drive more professional investors' participation in the marketplace.

More than 40 trades completed, by over 20 Core Climate participants, in first four weeks since launch, representing around 400,000 tonnes of carbon credits.More than 30 international projects now available on the platform.Carbon credits denominated in both HKD and RMB, driving accessibility and ensuring flexibility for participants

The National Development and Reform Commission (NDRC), China's top economic planner, released a report on development of the digital economy on Wednesday, reviewing the past achievements in digital reforms while providing a clear vision and guidelines for the future as China aims for breakthroughs in "bottleneck" technologies.

The US Federal Reserve and a group of major financial institutions will launch a 12-week digital dollar pilot program, months after US lawmakers called for the government to join a digital-asset "space race" to compete with China - a frontrunner in promoting the use of the digital yuan both at home and abroad.

Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments. A Memorandum of Understanding (MOU) on Cooperation in Regional Payment Connectivity (RPC) was signed on 14 November 2022 in Bali, Indonesia, on the sidelines of the G20 Leaders’ Summit with keynote address from Indonesia’s President, His Excellency Joko Widodo.

In September 2022, the Thai economic recovery remained on track. Service sectors improved from the previous month thanks to increases in foreign tourist figures. The value of merchandise exports also picked up after a notable reduction in the previous month. For domestic spending, the private consumption indicator remained generally stable, while the private investment indicator slightly declined in line with the lower manufacturing production. Meanwhile, public spending contracted due to lower spending of the central government from both the current and capital expenditures.

Bank of Russia Governor Elvira Nabiullina and Bank of Russia Deputy Governor Alexey Zabotkin will