THE Asean Financial Innovation Network or AFIN is launching a new digital currency sandbox so that banks and fintechs can experiment with central bank digital currency applications, or CBDCs, and drive global adoption. The not-for-profit entity jointly formed by the Monetary Authority of Singapore (MAS), the International Finance Corporation and the Asean Bankers Association has […]
Read MoreCambodia represents an attractive opportunity for agricultural producers based in the United States, according to a report issued by the US Department of Agriculture (USDA). The recently published “Cambodia Exporter Guide” said “Cambodia remains a potential market for US agricultural products thanks to its young population, a growing middle-income class and rising demand for high-quality […]
Read MoreFor the first six months of the year, Vietnam’s GDP growth is estimated at 5.8%, lower than the government’s expectation of 6.22%. Despite the serious Covid-19 situation, Vietnam is likely to realize the GDP growth target of 6% set by the National Assembly. Deputy Prime Minister Le Minh Khai gave his remarks at a meeting […]
Read MoreThe jump in food delivery orders during the Covid-19 pandemic has caused the volume of plastic and infectious waste to spike, according to an environmental situation report presented to the cabinet on Tuesday. After the report was presented, deputy government spokeswoman, Traisuree Taisaranakul admitted the demand for meal deliveries had risen as more people were […]
Read More[JAKARTA] Bukalapak, Indonesia’s No. 4 e-commerce firm, is keen to raise as much as US$800 million in an initial public offering (IPO) in August, two people with knowledge of the matter said, in what is likely to be the biggest by a startup in the Southeast Asian nation. Tapping a sharp pickup in investor interest […]
Read MoreForeign capital continued flowing to industrial real estate via mergers and acquisitions (M&A) in five months of this year, particularly in Hanoi and Ho Chi Minh City. Singapore’s Boustead Projects, whose affiliate BP-Vietnam Development recently signed an option agreement with Khai Toan Group (KTG) to buy a 49 percent stake in KTG & Boustead JSC, […]
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