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Thailand: Cabinet ups Oil Fund borrowing

The cabinet on Tuesday approved lifting the borrowing limits for the state Oil Fund to allow for management flexibility, a move that offers the government more room to cope with surging fuel prices caused by the Russia-Ukraine conflict. According to Deputy Prime Minister Supattanapong Punmeechaow, the cabinet agreed to remove the borrowing limits set at […]

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Malaysia, China aspire to leverage RCEP to boost trade

KUALA LUMPUR: Both Malaysia and China aspire to leverage the Regional Comprehensive Economic Partnership (RCEP) agreement to boost trade activities, says Deputy Minister of International Trade and Industry, Datuk Lim Ban Hong. In a statement yesterday, he said Malaysia encourages Chinese companies to use Malaysia as a gateway to Asean, whereas Malaysian companies can use […]

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Great ambition to build digital banks in Vietnam

By 2025, Vietnam will have a generation of “digital customers”. This generation has higher expectations about digital financial products and services. To build an effective digital bank, experts say that customer experience must be the central task. To achieve this goal, in addition to capital and technology foundation, it is necessary to have qualified digital […]

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