35 Lakh Indians remitting more than $20 Billion in 2022 proves it backbone of friendship By Girish Linganna India’s Foreign Secretary, Vinay Kwatra, has described the relationship with the UAE as one of India’s most comprehensive and expansive partnerships, spanning the full spectrum of economic activity. This strengthening of ties is seen as a significant
The growing
popularity of cryptocurrencies in Southeast Asia has governments struggling
with the question of how they should be regulated. As cryptocurrencies are privately
controlled and not considered legal tender in most countries, the question of
governance presents new challenges for financial regulators.
Southeast Asian governments
need to coordinate and act quickly, as cryptocurrencies increase the risk of
fraud in the growing e-commerce industry and have also already been used to
channel finances to terrorist groups.
ASEAN countries need to act quickly on cryptocurrency
policies
The popularity of
cryptocurrencies is growing in parallel to the growth of e-commerce in
Southeast Asia. However, ASEAN countries have yet to take a proactive approach
Faced with economic and strategic challenges, Turkey
has turned to Southeast Asia to potentially help revive its economy. Ankara may
find support from China in its new push, but building ties with the region will
depend on Turkey’s ability to keep religion out of the equation.
By Niranjan Marjani
On January 6, Turkish Foreign Minister Mevlut Cavusoglu spoke to Southeast Asian ambassadors in Turkey and emphasized the importance of strengthening relations with ASEAN countries as part of the country’s Asia Anew initiative.
Turkey launched its
Asia Anew initiative in 2019to diversify ties with Asian countries in the fields
of education, defense, trade, technology, culture and political dialogue, but has