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Brunei: AMBD signs MoU with National Bank of Cambodia

THE Financial Intelligence Unit, Autoriti Monetari Brunei Darussalam (FIU, AMBD) signed a memorandum of understanding (MoU) with the Cambodia Financial Intelligence Unit, National Bank of Cambodia (CAFIU) in Bandar Seri Begawan recently. Under the MoU, both agencies agree to cooperate in the exchange of financial intelligence that may assist in the investigation and prosecution of […]

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Vietnam: Retail faces high employee turnover

HANOI  — The retail sector faces a high rate of employee turnover, hampering firms’ long-term development, argues a recent report by Navigos Group, the country’s leading human resources recruiter. According to the report by Navigos Group, 28 per cent of retail industry hirers said that their employees did not make long-term commitments and 49 per […]

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Belt and Road shields Myanmar from Beijing’s capital crackdown

BEIJING’S recent crackdown on outbound investments does not affect Myanmar because of its involvement in the Belt and Road Initiative (BRI). The sectors targeted by the restriction do not concern investment projects here, which are mostly infrastructure and energy-related. The Chinese government is blacklisting businesses which violate foreign investment rules as part of a broader […]

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