A Southeast Asian think-tank is trying to help the region’s businesses to take advantage of the world’s biggest trade deal, which is likely to come into force early next year. The Economic Research Institute for ASEAN and East Asia (ERIA), backed by the Australian government, has carried out a five-part survey to find out how […]
Read MoreEconomists have urged the gradual reopening of the economy. VietNamNet talked to Dr Nguyen Duc Kien about the issue. Opening the economy in current conditions is understood as opening step by step, opening with focus on some business fields. Upon opening, Vietnam must be sure that it can protect Industrial Zones and prevent Covid from […]
Read MoreMANILA, Philippines — A new breed of digital-only banks and financial technology (fintech) companies are likely to take over the retail space as some traditional banks remain slow in developing new digital services, according to Moody’s Investors Service. In a report titled “Fintech companies can overtake incumbent banks in retail services,” Moody’s analyst Joyce Ong […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Good trade data helped the local market snap two straight days of losses and shrug off overnight dips on Wall Street led by heightened pandemic fears. Optimistic investors sent the Straits Times Index up 12.32 points or 0.39 per cent to 3,152.30, to end a choppy trading week that closed […]
Read MoreMANILA, Philippines — The Philippines should expedite the passage of key reform measures that would boost foreign direct investments (FDIs) and aid the country in its long-term recovery from the pandemic, the World Bank said. In a briefing with members of East Asia and the Pacific (EAP) press, World Bank president David Malpass said recovery […]
Read MoreCathay Pacific, Hong Kong’s flag carrier has announced the possible resumption of flights to Phnom Penh from July 30. Flight CX 605 is scheduled to depart from Hong Kong at 1650 (Hong Kong time) and land at Phnom Penh International Airport at 2025. The return flight, CX600, is expected to depart from Phnom Penh at […]
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