The central banking authorities of Cambodia and Laos have recently restated their commitment to enhance cooperation to strengthen their banking sectors. Speaking during the annual meeting between representatives of the National Bank of Cambodia (NBC) and the Bank of the Lao PDR on Friday, NBC’ governor Chea Chanto said working with Laos’s central bank to […]
Read MoreThe Hanoitimes – The Ministry of Planning and Investment (MPI) has recently proposed the Prime Minister to issue a resolution on business environment and competitive edge in 2018, aimed to improve Vietnam’s business ranking. Under the proposal, Vietnam targets to move up 8-18 places to rank 50-60 among 190 countries in the World Bank’s Doing Business […]
Read MoreThe Hanoitimes – This lies among Vietnam government’s key strategies to push the country`s business environment rank up in worldwide map. The Ministry of Planning and Investment has just proposed government to issue one resolution with the aim to push Vietnam rank in business environment inches up 8-18 places among 190 nation-list in 2018. Once approved, Vietnam […]
Read MoreThe Hanoitimes – Credit card holders are not allowed to withdraw cash worth more than VND30 million for foreign currency per day. The new regulation would go into force from March 3, 2018. Specifically, a card holder can withdraw a maximum amount of cash in foreign currency equivalent to VND30 million (US$1,300) per day. For cash […]
Read MoreSINGAPORE – The Monetary Authority of Singapore (MAS) is largely avoiding the issuance of digital currencies to the public, with the managing director of the central bank noting the risks associated with doing so. Mr Ravi Menon, managing director of the MAS, said on Monday (Jan 15): “I’m not sure that’s a good idea. I’m […]
Read MoreMany business organisations in Myanmar have lodged objections against improving daily wages as approved by the National Committee for Designating Minimum Wage earฌlier this month. The committee has decided to set the minimum wage at 4,800 kyat, a 33 per cent increase from the current rate of 3,600 kyat. All businesses with 10 or more […]
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Thailand
