Fifty-three bankers from 17 commercial banks will participate in a three-day workshop on international trade finance beginning today (December 21) in Bangkok. The International Chamber of Commerce Bangladesh (ICCB) said 45 bankers from Thailand and 17 from Cambodia, Japan, Laos, Malaysia, Myanmar, Nepal and Vietnam will also participate. The ICCB is hosting the workshop with […]
Read MoreKUALA LUMPUR: The employees’ statutory contribution to the Employees Provident Fund (EPF) will revert to the original 11% for members below age 60, and 5.5% for those aged 60 and above with effect from January 2018. The EPF said on Thursday this would be implemented in the February 2018 EPF contribution. The reduction of contribution […]
Read MoreThe Hanoitimes – Finance-banking, real estate-construction and consumer goods are three industries that gain the highest profitability in the securities market in 2017. According to the Vietnam Report (VNR), as many as 45 per cent of surveyed firms highly valued finance and banking stocks due to their high profitability in the market in 2017. The finance and […]
Read MoreIndonesia won a second sovereign rating upgrade this year, with Fitch Ratings raising its assessment to the second-lowest investment grade, months after S&P Global Ratings lifted the nation out of junk status. The rating on the nation’s long-term, foreign currency-denominated debt was raised one level to BBB with a stable outlook, Fitch said in a […]
Read MoreThe Bank for Investment and Development of Vietnam (BIDV) on Tuesday announced the closing of its representative office in Yangon, Myanmar. According to Myanmar’s laws and regulations, foreign banks are required to shut down their representative offices after establishing a branch in the country. The BIDV’s representative office completed its mission in the market. BIDV established the […]
Read MoreKUALA LUMPUR: Malayan Banking Bhd and its Indonesian arm, PT Bank Maybank Indonesia, emerged as the safest banks operating in their respective countries, according to a country-by-country ranking by Global Finance Magazine. In a statement, Global Finance said banks were selected through an evaluation of long-term foreign currency ratings from Moody’s, Standard and Poor’s and […]
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Thailand
