The Hanoitimes – The foreign direct investment (FDI) capital inflow to Vietnam can reduce significantly if the Vietnamese dong (VND) – the local currency – devalues sharply against the US dollar. Due to impacts from the US-China trade war, the dong has lost 1.5 percent against the dollar this year. In this context, some experts said […]
Read MoreA new agreement signed Friday between the market regulator and a derivate brokerage firm aims to promote growth in the local stock market, which now has just five listed companies. The Securities Exchange Commission of Cambodia (SECC) and Golden Fortune, a licensed brokerage firm, signed the memorandum of understanding last week to promote the development […]
Read More(KPL) More than 500,000 people living adjacent to sections of National Road 13 will benefit from the improvements planned in the National Road 13 Improvement and Maintenance Project. The agreement for the project was signed on July 23, 2018 by the Vice Minister of Finance Thipphakone Chanthavongsa, and the World Bank Country Manager Nicola Pontara. […]
Read MoreSeeking to allay concern about the impact of rising global oil prices on state finances, the government has emphasized that the 2018 state budget is designed to handle such market fluctuation. “The increase in the ICP will, on the one hand, jack up our revenue; on the other hand, we must shoulder a higher [energy] […]
Read MoreThe Bank of Thailand has joined with 16 banks to offer a basic bank account with fee-free deposits and no minimum balance requirement, aimed at widening opportunities for the unbanked to access financial services and digital banking. In the early stage, the interest-bearing bank accounts will be offered only to those aged 65 and older, as […]
Read MoreSINGAPORE banks’ plans to retrain their frontline staff are gathering pace, with OCBC being the latest to put out fresh targets in reskilling over 300 of its bank tellers here. The bank said on Monday it would cut half of its bank teller jobs in two years. All the tellers at the 51 local branches […]
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Thailand
