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Vietnam: E-finance system to be operational in 2025

The Hanoitimes – The Ministry of Finance is taking initiative in applying technological achievements of the fourth industrial revolution to be able to provide smart financial services in 2025. Under a resolution signed recently by Minister of Finance Dinh Tien Dung, the ministry said that a smart governance system will be built to provide smart financial […]

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Investment in Lao stock market surges

The value of stocks traded on the Lao Securities Exchange saw rapid growth last year, according to a report from the Bank of the Lao PDR. The central bank released its annual report recently, providing an overview of the economic development of Laos last year including trading on the Lao Securities Exchange, one of the […]

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Asian countries urged to liberalise

Cambodia’s commerce minister on Monday encouraged counterparts in India and the three other Asean countries included in the CLMV group (Cambodia, Laos, Myanmar and Vietnam) to strengthen their relationships, in hopes that collaboration will further boost economies and reinforce trade. Speaking at the fifth edition of the India-CLMV business summit in Phnom Penh, which focused […]

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Cambodia: New travel app praised by tourism sector, ministry

The Kingdom’s software development sector is being seen as an increasingly important player in the country’s move to strengthen its tourism industry and provide visitors with the latest conveniences. Stephane Combre, a developer at To Do in Cambodia, said that the firm’s platform, launched in March, implements many of the features that local business owners […]

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Philippines: Peso falls to 11-year low

MANILA, Philippines — The peso continued to weaken yesterday, shedding 13.5 centavos to close at a fresh 11-year low amid the country’s weakening external payments position due to the widening trade and current account (CA) deficits. The local currency closed at 52.465 to $1 yesterday from Friday’s 52.33 to $1. This was the weakest level […]

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