Philippines: Philippine central bank fines Rizal Bank over Bangladesh cyber heist failings Friday, 5 August 2016 – The Philippine central bank said on Aug 5 it would fine Rizal Commercial Banking Corp (RCBC) a record 1bil pesos (RM85.98mil), after the bank was used by cyber criminals to channel US$81mil (RM326.50mil) stolen from Bangladesh Bank in […]
Read MorePhilippines: Philippines bank challenges Bangladesh Bank to sue over heist Friday, 5 August 2016 – A Philippines bank that was used as a conduit by cyber criminals to transfer US$81mil (RM326.21mil) from the Bangladesh central bank’s account at the Federal Reserve Bank of New York on Aug 5 challenged Bangladesh Bank to take it to […]
Read MoreIndonesia: Govt urged to develop investment in regions: INDEF Tue, August 2 2016 – President Joko ?Jokowi? Widodo should assign a ministry to be in charge of investment development in the regions as the economic policy packages had yet to boost investment in the regions, an economist has said. Institute for Development of Economics and […]
Read MoreVietnam: Bà R?a-V?ng Tàu promotes investment in four areas Thursday, 4 August 2016 – The southern Bà R?a-V?ng Tàu Province will focus its investment on hi-tech industry and agriculture, port logistics and high-quality tourism. Hi-tech industrial projects will prioritise energy-saving and eco-friendly products of high added value and competitiveness, while those in the port logistics […]
Read MoreIndonesia: SMEs prime driver of RI economic growth: Minister Tue, August 2 2016 – Finance Minister Sri Mulyani Indrawati underlined on Tuesday the need to strengthen engagement and cooperation between the government and business players to stimulate the development of small and medium enterprises (SMEs) in Indonesia. Stronger engagement and cooperation was one of three […]
Read MoreVietnam: City eyes $9,800 per capita income by 2020 Thursday, 4 August 2016 – HCM City’s leaders and newly-elected lawmakers yesterday began a three-day session of the People’s Council to discuss socio-economic targets amid many complaints about extended flooding, traffic jams and pollution. The country’s biggest city has set itself a per capita income target […]
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Thailand
