The state planning unit, the National Economic and Social Development Council (NESDC), has cut its economic forecast to a contraction of 5-6% this year, down from the 1.5-2.5% growth projection made on Feb 17. The agency cited a raft of negative factors, including the severe downturn of the global economy and merchandise trade, a sharp […]
Read MoreThe new outlet is at Arc De Triomphe De Koh Pich, South Wing, Ground Floor, Koh Pich Road, Tonle Bassac commune, Chamkar Mon district, Phnom Penh. Customers now can visit to open a savings, current or fixed deposit account, withdraw and deposit money, as well as apply for their Consumer or SME loans with what […]
Read MoreMANILA, Philippines — The Philippines sees no need to borrow from the International Monetary Fund (IMF) to address potential liquidity gaps triggered by the coronavirus disease-2019 (COVID-19) outbreak, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday. “BSP sees no apparent and immediate need to avail of IMF’s short-term liquidity line (SLL),” BSP Governor Benjamin […]
Read MoreThe Hanoitimes – Foreigners are eligible to own houses in a tenure of 50 years with renewal possibility. Hanoi’s Department of Construction has announced a list of 10 housing projects that allow the ownership of foreign individuals and organizations. The projects are located in the districts of Nam Tu Liem, Ha Dong, Cau Giay, and Thanh […]
Read MoreLaos ranks third-fastest among ASEAN countries in terms of 4G download speed of mobile internet data and 52nd among 100 global economies. A report released this week by OpenSignal, a British company that measures mobile user experience globally, says Laos’ average 4G download speed is 17.1 Mpbs, faster than other ASEAN countries excepting Singapore and Vietnam. According to […]
Read MoreTHE true action in Indonesia still lies in the debt capital markets, as a double-digit number of public listings in the first four months of 2020 masked a year-on-year fall in the amount of equity funds raised. The Covid-19 pandemic has otherwise taken a toll on companies’ ability to scrounge up cash, as initial public […]
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Thailand
