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Japan sells 141,796 tons of reserve rice in auction

March 14, 2025

Japan's agriculture ministry said Friday that it has selected successful bidders for 141,796 tons of government-stockpiled rice in the initial round of an auction aimed at curbing recent increases in rice prices.

Trump signs order to establish strategic bitcoin reserve

March 07, 2025

US President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House.

Trump names bitcoin, ether, XRP, solana and cardano for strategic reserve

MONDAY, MARCH 03, 2025

US President Donald Trump on social media announced the names of five digital assets he expects to include in a new US strategic reserve of cryptocurrencies on Sunday, spiking the market value of each.

Japanese govt tap into rice reserves amid surging prices

SUNDAY, FEBRUARY 16, 2025

Japan's agriculture ministry has announced that it will release 210,000 tons of rice from government reserves to address soaring prices. This marks the first time that stockpiled rice will be released specifically to stabilize supply.

Silverlake Axis, Lao Bullion Bank partner to boost gold reserves, stability

FRIDAY, SEPTEMBER 20, 2024

Silverlake Axis, a leading banking and financial technology company, has announced its partnership with Lao Bullion Bank. The partnership was commenced in a signing ceremony on Friday, 13 September 2024.

Vietnam banks assure sufficient gold reserves as residents queue up

WEDNESDAY, JUNE 05, 2024

Bank representatives affirmed there is no shortage of the precious metal and that the demand for gold will be met.

BOT throws weight behind gold as risk diversification amid geopolitical risks

WEDNESDAY, NOVEMBER 01, 2023

Gold remains a safe haven asset for the Bank of Thailand (BOT), the central bank’s deputy governor for monetary stability, Alisara Mahasantana, said in an interview to Bloomberg news.

Banks to set aside higher reserves in Q3

TUESDAY, JULY 25, 2023

Banks will continue to set high provisions in the third quarter of this year to counter increasing interest rates and the expiry of financial aid measures, experts with Trinity Securities predict.

Prayut 'optimistic' on economic recovery as forex reserves, revenue surge

TUESDAY, FEBRUARY 21, 2023

Prime Minister Prayut Chan-o-cha is upbeat on Thailand’s economic recovery after the central bank reported a rise in foreign exchange reserves and the Finance Ministry's revenue collection exceeded its target, a senior government official said on Tuesday.

Czech has enough oil for next weeks if pipeline stays shut, operator says

THURSDAY, AUGUST 11, 2022

The Czech Republic’s pipeline company MERO said on Wednesday it had sufficient reserves of oil crude for the next weeks in case of no further fuel coming into the country.

Thailand has crude oil reserves for 60-70 days

TUESDAY, JULY 05, 2022

Energy Minister Supattanapong Punmeechaow on Tuesday allayed fears of oil shortage, saying the country now has crude oil reserves for 60 to 70 days.

State Bank of Pakistan clarifies its foreign exchange reserves have not dried up

WEDNESDAY, JUNE 22, 2022

The State Bank of Pakistan (SBP) on Tuesday dismissed reports claiming that its foreign exchange reserves had “dried up”, and clarified that neither the country’s banks had run out of US dollars nor the central bank had stopped import payments.

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