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DHL Express invests in logistics facility in North Vietnam

The new facility will be equipped with warehousing automation, smart building, and energy-efficient solutions. DHL Express, the international express service provider, announced its investment in Hanoi Gateway, a new logistics facility located near Noi Bai International Airport via a strategic partnership with ALS Warehousing Services Co. Ltd. The new facility, expected to be fully operational by early […]

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Philippines: Economists see BSP keeping interest rates

MANILA, Philippines — Economists see the Bangko Sentral ng Pilipinas (BSP) maintaining a pro-growth stance by keeping interest rates at record lows despite the fact that rising oil and commodity prices are putting monetary authorities in a tight spot. Security Bank chief economist Robert Dan Roces said the central bank’s Monetary Board will likely put […]

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Cambodia: ‘Electronic payment systems to enhance economic efficiency, financial inclusion and use of Riel’

The National Bank of Cambodia has started implementing various policy measures to promote the use of riel in the economy based on market mechanisms. The use of riel has been facilitated through the development of electronic payment systems and other policies. For instance, ‘Fast Payment’, ‘Retail Pay’, ‘Bakong’ and other electronic payment systems have made […]

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