The Hanoitimes – Despite challenges, Vietnam’s banks are nearly approaching their full-year targets but the risk provision pressure remains great. Preliminary business results of commercial banks in the first nine months delivered a positive picture of the banking sector in 2020. Despite challenges banks have faced during the Covid-19 pandemic, banks are nearly approaching their full-year […]
Read MoreVIENTIANE, Dec. 8 (Xinhua) — Lao Prime Minister Thongloun Sisoulith will chair the Cambodia-Laos-Vietnam (CLV) and Cambodia-Laos-Myanmar-Vietnam (CLMV) Summits via video conference on Wednesday, according to a Lao Foreign Ministry statement. Lao Prime Minister Thongloun and his delegation will also join leaders at the Ninth Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit the same day. […]
Read MoreThe Phnom Penh International Airport railway tracks spanning busy Russian Boulevard will be covered over with a protective layer of sand and bitumen in order to save on maintenance costs, according to the Royal Group. The railway line, currently not in use because of a lack of passengers, is slated to become operational in the […]
Read MoreThe Financial Services Authority (OJK) expects the newly passed Job Creation Law to help spur the issuance of municipal bonds and sukuk among regional administrations, which have faced bureaucratic hurdles. Luthfi Zain Fuady of OJK capital market supervision said on Dec. 1 that although several administrations had conveyed their interest in issuing a municipal bond […]
Read MoreMANILA, Philippines — Employers and workers are opposing a government plan to push through with a scheduled increase in contributions to the Social Security System (SSS) next year while the pandemic is forcing businesses to shut down and employees laid off. “In general, we are not for any increase at this time because of bad […]
Read MoreThere is a serious shortage of empty containers for exports from Viet Nam, Phan Minh Thong, general director of agriculture products exporter Phuc Sinh Joint Stock Company, said. Besides, international shippers were hiking their fees, and Vietnamese businesses would struggle to cope if the problem is not addressed, he added. Nguyen Dinh Tung, chairman and […]
Read More
Thailand
