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Philippines making gains in resolving anti-money laundering issues

MANILA, Philippines — The Philippines continues to make progress in addressing technical compliance deficiencies in its anti-money laundering and combating the financing of terrorism (AML/CFT) framework ahead of the deadline set by Paris-based global dirty money watchdog Financial Action Task Force (FATF). Based on the third follow-up report on the mutual evaluation of the Philippines, […]

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Cambodia mulling FTA possibilities with India, Japan and UAE

The government has been looking at existing and new markets through the signing of protocols, agreements and memoranda to export Cambodian agricultural products to the world market, which is now threatened by food insecurity crisis The government, through the Ministry of Commerce, has been studying the possibilities of entering into FTAs with trading partners, including […]

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Thailand: Banks expected to delay rate hike

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand’s anticipated gradual policy rate hike. Under the policy rate hike trend in the second half of this year, banks may not react immediately to the interest rate increase […]

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