The Hanoitimes – Current account surplus was a factor that prompted Treasury to examine for currency manipulation. The United States is likely not to include Vietnam in a twice-yearly report of currency manipulators based on new data the country provided the Treasury Department, Bloomberg reported, citing a person familiar with the matter. In recent weeks, Vietnam […]
Read MoreSINGAPORE’S services industries saw an increase in takings in the first quarter of 2019, even as the pace slowed down from before, according to data from the Department of Statistics (SingStat) on Monday. Overall services’ business receipts grew by 3.6 per cent in Q1 compared to a year ago, easing from the 4.1 per cent […]
Read MoreThe government is being advised to come up with more attractive investment perks to lure foreign companies ravaged by the ongoing trade row to relocate their production bases to Thailand. Thosaporn Sirisamphand, the secretary-general of the National Economic and Social Development Council (NESDC), said the special investment packages may need to be introduced to attract foreign companies […]
Read MoreMobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, Vietnamese Minister of Information and Communications Nguyen Manh Hung said at a two-day conference on financial inclusion held in Hanoi on Thursday. The services allow users to transfer and receive money as well as […]
Read MoreMANILA, Philippines — The Philippines lags behind other member-countries of the Association of Southeast Asian Nations (ASEAN) in terms of the development of its financial sector, according to the Philippine Institute of Development Studies (PIDS). In a new study titled “Financial sector development: A review,” the state-run think tank said ASEAN neighbors like Malaysia and […]
Read MoreAUTORITI Monetari Brunei Darussalam (AMBD) has issued information to further boost public awareness on credit cards and more understanding of credit card interest. In its advisory, AMBD said, “A credit card is a flexible and useful tool, either as a means of payment or as an alternative source of funds at times of emergencies. While […]
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