The Hanoitimes – Since last June, 33 listed Chinese companies have informed China`s two stock exchanges of their plans to follow their foreign counterparts out of the country to mitigate the prolonged trade war between China and the US. Nearly 70% of 33 Chinese listed companies planning to set up production abroad have cited Vietnam as […]
Read MoreThe Securities Exchange Commission of Cambodia has signed a Memorandum of Understanding with China’s Zhong Lian Zhong Chou in order to cement joint consultation initiatives on the development of the Kingdom’s capital market. For in depth analysis of Cambodian Business, visit Capital Cambodia The MoU was signed on Friday in Phnom Penh and it aims to […]
Read MoreThe US-Asean Business Council, an advocacy group that aims to foster economic growth and trade ties between the two regions, is calling for the Thai government to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and speed up its talks on joining the Regional Comprehensive Economic Partnership (RCEP). Commerce Minister Jurin Laksanawisit, who […]
Read MoreIndonesia’s external debt level was up about 10 percent year-on-year (yoy) in the second quarter due to a significant increase in government net borrowing. According to data released by Bank Indonesia on Thursday, the country’s foreign debt, which includes borrowing by the government and the private sector, rose 10.1 percent yoy to US$391.8 billion in […]
Read MoreAlipay is available for use by Lao and foreigners at the state-owned Lao Development Bank (LDB). The bank is also preparing to step up cooperation with international partners overseas and is expected to list on the Lao Securities Exchange at some point in the future. LDB has cooperated with China’s UnionPay and Alipay, both leading […]
Read MoreMANILA, Philippines — Dollar remittances from Filipinos working abroad declined in June after increasing for nine straight months, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Benjamin Diokno said personal remittances decreased by 2.7 percent to a nine-month low of $2.54 billion in June from $2.61 billion in the same month last year. […]
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Thailand
