vn03
Read More

Vietnam’s foreign investment plunges 39 per cent in Q1

Along with the contraction in fresh capital, the disbursed capital also slightly plunged 2.2 per cent from a year earlier to $4.3 billion, it noted.  HÀ NỘI — Việt Nam attracted nearly US$5.45 billion worth of foreign investment in the first quarter of the year, down 39 per cent year-on-year, according to the Foreign Investment Agency (FIA). Of the three-month figure, over $3 billion […]

Read More
phil01
Read More

Philippines: Credit card ownership pushed amid high inflation

MANILA, Philippines — Issuers are pushing credit card ownership, particularly among Filipino women, amid stubbornly high inflation and uncertainties. According to the Credit Card Association of the Philippines (CCAP), the umbrella organization of the country’s 17 major issuers, credit cards serve as powerful tools of economic empowerment for women, as these increase their financial flexibility, […]

Read More
cam03
Read More

WB cites Cambodia’s demographic advantage

Along with a couple of other Asean countries, Cambodia remains a bright demographic spot driving economic growth, said the latest World Bank (WB) report which, however, warned of a slump in global growth for the remainder of this decade. In a report titled ‘Falling Long-Term Growth Prospects: Trends, Expectations, and Policies,’ World Bank on Monday […]

Read More
laos02
Read More

Laos: National Industrial Park Launched in Cooperation With Asia-Potash International

The Lao government and SINO-KCL on Friday signed a Memorandum of Understanding (MOU) on a project titled “Asia-Potash International Intelligent Circular Industrial Park.” The government and SINO-AGRI International Potash Co., Ltd. (SINO-KCL) signed the MOU in Vientiane, indicating that the government-enterprise cooperation project is about to get off the ground after more than one year’s […]

Read More
1174423_720
Read More

Indonesia: BI Governor Wants ASEAN Promotes Central Bank Digital Currency

TEMPO.CO, Nusa Dua – Governor of Bank Indonesia Perry Warjiyo encouraged ASEAN countries to promote central bank digital currency in line with the rapid development of cryptocurrency. “Private digital assets eventually need to refer to a sovereign digital currency unit of account,” said Perry at the high-level seminar in Nusa Dua, Bali, on Tuesday, March 28. Indonesia’s central […]

Read More