• A former manager at a major crypto exchange is accused of making illegal trades to bank $5 million in tether, report says

    7 days ago - By Business Insider

    Tether dropped to well below $1 Thursday as crypto markets showed signs of stress. Justin Tallis/Getty Images A former manager of the world's fourth largest cryptocurrency exchange was accused of making illegal trades, the FT first reported. Chen Boliang worked for Huobi and reportedly made $5 million in tether by betting against a company account. Boliang reportedly set up a retail account in his father's name and deposited $20 million in credit to make trades. A former senior manager at Huobi, the world's fourth largest cryptocurrency exchange by trading volume, was accused of making $5...
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  • In Malaysia, tourism is hoped to reach RM11bil in 2022

    In Malaysia, tourism is hoped to reach RM11bil in 2022

    8 days ago - By Travel and Tourworld

    From the tourism industry of Malaysia, an income of RM11bil in 2022 is being anticipated with 4.5 million tourist arrivals through the execution of the Tourism Recovery Framework 2.0, says Datuk Seri Nancy Shukri, the Tourism, Arts and Culture Minister. The changed target was done on the basis of positive indications in terms of the arrival of 2.3 million tourists in Malaysia in the last three months.
    Datuk said that at first, it was above our target. Until the end of 2022, we had targeted two million but the country has already achieved the target before the end of the year.
    In a press...
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  • In 2022, Bali Ministry of Tourism & Creative Economy aiming 1.5 million international tourists

    In 2022, Bali Ministry of Tourism & Creative Economy aiming 1.5 million international tourists

    8 days ago - By Travel and Tourworld

    Sandiaga Salahuddin Uno, the Indonesian Minister of Tourism and Creative Economy, has targeted this year with almost 1.5 million quality tourists from abroad to visit Bali.
    Quality tourists, as per Uno, are the ones with high levels of spending and stays for a long time in Bali compared to others in a bid to improve country's economy and create job opportunities in the province.
    He said on Monday that our steps are to bring into line in the middle of a decreasing promotion budget. We must use more the entrepreneurial spirit now. Uno stated that his ministry had tried several methods to...
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