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US Development Finance eyes to invest in Vietnamese enterprises

The Hanoitimes – US Development Finance Corporation is committed to investing in Vietnam, particularly in energy, healthcare and infrastructure development. With around US$60 billion under disposal, US International Development Finance Corporation (DFC), the US government’s development finance institution, would not limit its support for US enterprises, and neither for Vietnamese peers, said Adam Boehler, DFC’s CEO. […]

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Philippines: Term deposit rates fall as liquidity returns

MANILA, Philippines — The yields of term deposits fell across the board anew as liquidity has started to return to the financial system after the Christmas and New Year holidays, according to the Bangko Sentral ng Pilipinas (BSP). The seven-day term deposits fetched 4.1641 percent at the term deposit auction facility (TDF) yesterday, 7.04 basis […]

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Myanmar, Thailand agree on cross border transfers

Two private banks, Ayeyarwady Bank (AYA Bank) in Myanmar and Thailand’s Siam Commercial Bank (SCB) have signed a memorandum of understanding (MOU) to collaborate in the development of cross border payments and fund transfer services between the two countries. This cements an October 2019 agreement between the Central Bank of Myanmar and the Bank of […]

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