The strange saga of cryptocurrency company Entapay falsely claiming the endorsement of the Cambodian government continued yesterday when the firm issued a press release alleging that it had the support of the Royal Cambodian Armed Forces (RCAF) – a claim denied by military officials. Entapay’s press release says that company officials met a “Benxian Xing”, […]
Read MoreMANILA, Philippines — Foreign portfolio investments reverted to a net outflow in February as investors cashed in their profits with the impending rate hike by the US Federal Reserve. Data released by the Bangko Sentral ng Pilipinas (BSP) showed foreign portfolio investments, or hot money, booked a net outflow of $545.14 million in February, a […]
Read MoreSINGAPORE: The number of foreigners working here fell by 32,000 last year, the biggest drop in 15 years, even as more locals were employed. The fall was more than 10 times the drop of 2,500 in 2016. This is the steepest decline in the pool of foreigners employed in Singapore since 2002, when it contracted […]
Read MoreIndonesia’s foreign debt reached US$375.5 billion in late January or a 10.3 percent growth compared to the same month last year, Bank Indonesia (BI) said on Thursday. The central bank added that the increase in foreign debt was mostly used to finance infrastructure projects and other productive activities. It said the government and BI debts […]
Read MoreTrade of auto parts and accessories between Cambodia and Thailand was worth $488 million in 2017, according to data from Thailand’s Department of International Trade Promotion (DITP). Speaking at a press conference, Jirawuth Suwanna-Arj, minister counsellor of commercial affairs at the Thai embassy in Phnom Penh, said Cambodia imported more than $200 million in auto […]
Read MoreThe Hanoitimes – Foreign providers of packaging and equipment are increasingly keen on the Vietnamese market as the industry is expected to grow at a minimum of 10 percent on average in the coming years, experts said. BT Tee, general manager of SES Vietnam Exhibition Services (UBM VES), said that demand for food packaging will continue […]
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