Philip Morris International (PMI) has appointed Carmina Fusté managing director of Philip Morris Romania, replacing Mircea Scaunasu as of June 1.
Romania's Finance Ministry raised RON595 million from banks on Thursday (June 5), selling benchmark bonds, at an annual average yield of 7.54%.
Romania's Finance Ministry raised RON936 million from banks on Monday (June 2), selling government paper, at an annual average yield of 7.54%.
Singapore’s central bank has set a June 30 deadline for local crypto firms targeting overseas markets to halt operations or face steep penalties, including fines of almost $200,000. Singapore’s central bank has set a deadline of June 30 for local crypto service providers to stop offering digital token (DT) services to overseas markets. The directive came from the Monetary Authority of Singapore’s (MAS) response to industry feedback on its proposed regulatory framework for Digital Token Service Providers (DSTPs) under its Financial Services and Markets Act of 2022 (FSM Act). MAS stated that no transitional arrangements will be made for local DTSPs providing services abroad. It said that any Singapore-incorporated company, individual or partnership that provides DT services outside Singapore must either cease operations or obtain a license when the DTSP provisions come into force by the end of June. Read more
Romania's finance ministry has announced on Mya 30 that it will carry out a new issue of Fidelis government bonds for retail investors between June 6 and 16, 2025, which is the fifth Fidelis edition this year.
Thailand’s SEC has ordered Bybit, 1000X, CoinEx, OKX and XT.COM blocked nationwide, citing unlicensed operation and money-laundering concerns. Update (May 30, 2025, 11:30 am UTC): This article has been updated to add statements by a Bybit representative. The Thai Securities and Exchange Commission (SEC) will block five cryptocurrency exchanges, including Bybit and OKX, from operating in the country. According to a May 29 announcement, Bybit, 1000X, CoinEx, OKX and XT.COM will be blocked in the country on June 28. The SEC said the measure aims “to protect investors and crack down on illegal platforms used for money laundering.” Read more
KARACHI: Chairman WAPDA, Engineer Lt. Gen. Sajjad Ghani (Retd.) visited the main construction sites to check the K-IV Water Project, ARY News reported. During his visit, Chairman WAPDA, Engineer Lt. Gen. Sajjad Ghani (Retd.), briefed that the first phase of the project is likely to be operational by June 2026, aiming to supply 260 million […]