The Ministries of Foreign Affairs of Laos and Vietnam have extended cooperation in encouraging and monitoring the implementation of collaboration in all fields over the next five years. Minister of Foreign Affairs Mr Saleumxay Kommasith, and Vietnam’s Deputy Prime Minister and Minister of Foreign Affairs, Pham Binh Minh, on Sunday signed a cooperation agreement for […]
Read MoreSINGAPORE: Funds transfer services PayNow and Fast (Fast And Secure Transfers) will soon become more widely used in Singapore, with financial institutions other than banks tapping the platforms. This is set to make e-payment adoption simpler for both businesses and individuals. Starting February 2021, eligible non-bank financial institutions would have direct access to the banking […]
Read MoreBank share prices rallied by about 30% in November as investors gained confidence in an economic recovery amid progress in the development of Covid-19 vaccines, say analysts, although non-performing loans (NPLs) are expected to surge in the second half of 2021 once debt relief schemes come to an end. Charlie Kueyen, an analyst at KGI […]
Read MoreThe government has released a new ecommerce strategy to address how the nation can best benefit from the rapid growth over the last decade of the Kingdom’s digital economy. One of the main focuses of the strategy is how to improve digital literacy in order to close any skill gaps that would hinder Cambodia’s ecommerce […]
Read MoreMANILA, Philippines — The country’s gross borrowings breached the P3-trillion mark from January to October as the government continued to secure more loans to fund its COVID-19 response, according to the Bureau of the Treasury (BTr). The national government’s gross borrowings soared by 233 percent to P3.22 trillion in the first 10 months from P967.56 […]
Read MoreMANILA, Philippines — The Philippine business environment may see a number of asset purchases and mergers and acquisitions as some bigger companies and private funds are gobbling up those hit by COVID-19, seizing opportunities in the “new normal.” Many private equity funds abroad, for instance, are taking interest in some Philippine companies that may need […]
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Thailand
