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Vietnam to develop policies to adapt to global minimum tax

Việt Nam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment. HÀ NỘI — Việt Nam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment. The move comes amid concerns that this measure might undermine […]

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Philippines: BOP gap widens to 5-month high

MANILA, Philippines — The Philippines registered a balance of payments (BOP) deficit of $895 million in February, the widest in five months, as the government settled more foreign obligations, the Bangko Sentral ng Pilipinas (BSP) said. Data released by the central bank showed the BOP shortfall last month was 5.7 times the $157 million deficit […]

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Wing Bank is Committed to Promoting the Cambodian Riel via its Financial Ecosystem

The national currency – the Cambodian Riel, with the currency code “KHR” – is crucial in building the Kingdom’s economy and bringing it greater independence and resilience, especially during post Covid-19 pandemic. “The riel represents the strength of Cambodia’s growing economy, and every usage of the riel helps improve the monetary sovereignty of the Kingdom,” […]

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