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More foreign insurers eye presence in Philippines

MANILA, Philippines — More foreign companies are likely to enter the insurance business in the Philippines as the final tranche of the increase in capital requirement – a move that would impact small local firms – nears implementation. The Philippine Insurers and Reinsurers Association (PIRA), the umbrella organization representing the collective interests of the non-life […]

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Cambodia: Sustained campaign for riel promotion

Considering the significance of local currency in enhancing the economic aspirations of the country, the National Bank of Cambodia has been consistently promoting the usage of riel. The central bank’s efforts in popularising the usage of local currency have gained momentum with a reported increase in the activity for riel. According to a survey by […]

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