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Cambodia: Looking to the future with e-payment technology

Vincent Ling, the deputy general manager at UnionPay International Southeast Asia, talks to Khmer Times’ Chea Vannak about the latest development in e-payment technology in Cambodia. KT: How has UnionPay evolved in Cambodia in recent years? Vincent Ling: Since 2008 we have extended our acceptance network in the country to allow our clients to use their UnionPay cards […]

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Vietnam: Alarm over foreign currency lending growth

According to the National Financial Supervisory Commission, in the first eight months of the year, lending in foreign currencies jumped by 11.5 per cent compared to only 1.7 per cent in the same period last year. It was slightly higher than the growth in dong credit.  Interest rates on loans in foreign currencies are much lower […]

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