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Vietnam an important hub in World Logistics Passport network

WIth the launch of the World Logistics Passport initiative in Việt Nam, the domestic logistics sector will reap more successes, optimising and sharing the interest of the programme amid extensive international integration. HÀ NỘI — Việt Nam will be an important logistics and trade hub of the World Logistics Passport (WLP) network, given the country’s […]

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Now Cambodians avail loan through ‘mobile chat’ tech

Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing financial technology to make this possible. Cambodia-based Boost Capital, a […]

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Moody’s maintains stable Philippine outlook

MANILA, Philippines — Moody’s Investors Service has maintained a stable outlook for Philippine banks as the tighter monetary conditions brought about by the aggressive rate hikes by the Bangko Sentral ng Pilipinas (BSP) is not likely to derail the recovery from the impact of the pandemic. In a report on the Philippine banking system, the […]

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Malaysia: Manufacturing PMI improves to four-month high

KUALA LUMPUR: Malaysia’s manufacturing sector has shown signs of positive momentum in February 2023, with the seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rising to 48.4 from 46.5 in January, recording its highest reading in four months. In a statement yesterday, S&P Global said data on output and new orders in February […]

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