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Philippines: Banks in better position to support economic recovery

MANILA, Philippines — Philippine banks are in a stronger position to support the country’s recovery from the impact of the COVID pandemic, according to the Bangko Sentral ng Pilipinas. The central bank highlighted in the Philippine Financial System for the Second Semester of 2022 report that the country’s financial system sustained positive performance and overall […]

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Chinese firm wins deal to build 3rd largest port in Cambodia

China Harbour Engineering Company Ltd. (CHEC) on Friday secured a contract from a Cambodian firm to construct a multi-purpose seaport in southwestern Cambodia’s Kampot province. The contract was inked here between CHEC-Cambodia office’s managing director Lan Qiuli and Meas Thom, president of Kampot Logistics and Port Company, under the presence of Cambodian Minister of Public […]

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Thailand eyes 3 deals by 2024

Thailand wants to conclude free-trade agreement (FTA) talks with the European Free Trade Association (Efta), Sri Lanka and the United Arab Emirates (UAE) by the middle of next year to improve trade and investment. The Thai-Sri Lankan FTA is of particular interest in terms of location, as Sri Lanka is in South Asia, with links to […]

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