SINGAPORE and the United States of America have signed a memorandum of understanding (MOU) to deepen economic cooperation and extend trade financing and investment support to companies in both countries. The renewable, two-year MOU will be overseen by the US Department of Commerce and Singapore’s Ministry of Trade and Industry (MTI), MTI said in a […]
Read MoreTourism in the high season has been affected by fraud detected in the stimulus scheme, as most hotels saw guests abruptly pause bookings to wait for the government subsidy. Irregularities in the recent transactions of 514 hotels and stores participating in the “We Travel Together” campaign made the government postpone the addition of 1 million […]
Read MoreThe Hanoitimes – While debt-to-equity swap may pose risks to the economy, this practice is actually an efficient channel for enterprises to mobilize capital, Lawyer Ha Huy Phong, CEO of Inteco law firm told Hanoitimes in an interview. Do current regulations in Vietnam allow the debt for equity swap? A debt capital market does not only […]
Read MoreCambodia’s exports in clothes, footwear and travel goods were down 9 percent for the first 10 months of the year measured against 2019 year-to-date (YTD) figures, according to data from the General Department of Customs and Excise (GDCE). The total value of these export products between January and October was $8.215 billion. Broken down by […]
Read MoreIndonesia’s foreign debt rose to US$413.4 billion in October driven by higher borrowings by the private sector and the government, Bank Indonesia (BI) announced Tuesday. Indonesia’s external debt, which includes government and private-sector borrowings, increased 3.3 percent year-on-year (yoy) in October, lower than 3.8 percent yoy growth recorded a month prior, as the government paid […]
Read MoreHigher inflow for 2nd straight month in October MANILA, Philippines — Remittances increased for the second straight month in October as overseas Filipino workers (OFWs) continued to find a way to send their hard-earned money despite the challenges brought about by the pandemic, the Bangko Sentral ng Pilipinas (BSP) said yesterday. Based on BSP data, […]
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Thailand
