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China Approves 43 Myanmar Companies to Export

After collaborations between Myanmar’s Ministry of Commerce, Ministry of Agriculture, Livestock and Irrigation, Myanmar Embassy to China, and General Administration of Customs of the People’s Republic of China-GACC, China has approved 43 Myanmar rice exporting companies enabling them to export wholegrain rice and broken rice to China. Before, there were only 11 Myanmar companies approved […]

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Huawei pledges to support digital development in Cambodia

Chinese-owned giant telecom and technology company Huawei has pledged to support Cambodia’s digital development and bring new technology, according to its Cambodia’s country director. Chief Executive Officer of Huawei Technologies (Cambodia) Co Ltd Sovan Yao said in an interview with local media Fresh News the company will continue to cooperate with the government of Cambodia […]

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Philippines: BSP cuts RRR for mid-sized, small banks

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has lowered the reserve requirements for mid-size and small banks by 100 basis points to increase the capacity of the industry to further support the micro, small and medium enterprises (MSMEs). BSP Governor Benjamin Diokno said the reserve requirement ratio for thrift banks would be lowered […]

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