The value of RMB payments also increased by 6.61 per cent compared to May 2022.
Compared with physical currencies, digital renminbi has the characteristics of lower cost, higher payment efficiency, wider application scenarios, higher anti-fake levels and is…
The licensing will set the stage for future attempts to tax digital service providers, even when the company is not based in Indonesia.
Sales of high-end watches and other luxury products amounted to ¥37.6 billion (US$28000) in May, exceeding pre-pandemic levels.
Digital currency has also become one of the main issues to be addressed under Indonesia’s G-20 presidency.
Overnight deposit and lending facilities were increased by the same amount to 2.75 per cent and 3.75 per cent respectively.
Singapore's ranking improves; Asia lags behind West.
The searches make Oppo the latest Chinese tech company to come under New Delhi's spotlight, after similar raids against Vivo, Xiaomi and Huawei earlier this year.
The warning comes just months after the IMF already cut its global growth forecast for 2022 and 2023.
Tech giants have jumped on the metaverse bandwagon and invested heavily in the state-of-the-art VR and AR technologies.