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Cambodia: Kingdom’s banks see rising foreign influx

Cambodia’s banking sector saw an almost 32 percent increase in foreign capital inflow in 2017, a result of new foreign banks and stricter capital requirements set by the National Bank of Cambodia, according to the central bank’s annual report. The nonbanking sector saw a more modest 0.8 percent increase in foreign capital inflow last year, […]

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Philippines readies global bonds sale in Q1

MANILA: The Philippines is looking to issue sovereign bonds in the first quarter of the year to help finance this year’s budget, its finance minister said, signalling the government is stepping up efforts to upgrade the nation’s infrastructure. Finance Secretary Carlos Dominguez told a news conference the bond offering could happen between January and February, […]

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Mekong countries eye bold new future

When lead characters in a Chinese kung fu movie drink wine from the same cup, they are considered sworn brothers. They will fight and die together. Will all six riparian countries of the Lancang, or Mekong (Lan-Mei), share the same spirit of camaraderie as they all live on this magnificent river? There may be ominous […]

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