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Laos: Currency Exchange Businesses to Become Commercial Bank Representatives

Authorities in Laos have ordered currency exchange businesses to transition into representatives of commercial banks across the country. According to a notice issued by the Bank of Laos (BOL), all authorized currency exchange businesses operating across the country are to work with authorities to become commercial bank representatives. The government aims to improve the efficiency of foreign […]

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Narrowing the Digital Divide in ASEAN: Infrastructure, Skills and Opportunities

The ASEAN Digital Masterplan 2025 envisions ASEAN as a “leading digital community and economic bloc” – a bold plan that demands effective investments in infrastructure and skills. The Singapore Institute of International Affairs (SIIA) organised the webinar, “Investing in Digital Infrastructure: Narrowing the Digital Divide in ASEAN”. Moderated by Mr Satyanarayan Ramamurthy, Partner and Head […]

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Foreign appetite for Philippine debt returned in Q2 — ADB

MANILA, Philippines — Foreign investors are back in the Philippine debt market in the second quarter, fueled by optimism over further reopening of the economy and low coronavirus caseloads at the time. Foreign investors’ exposure to government-issued bonds grew 0.2 percentage points quarter-on-quarter to 2.5% by end-June, the Asian Development Bank said in its quarterly “Asia […]

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