Chinese-owned giant telecom and technology company Huawei has pledged to support Cambodia’s digital development and bring new technology, according to its Cambodia’s country director. Chief Executive Officer of Huawei Technologies (Cambodia) Co Ltd Sovan Yao said in an interview with local media Fresh News the company will continue to cooperate with the government of Cambodia […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has lowered the reserve requirements for mid-size and small banks by 100 basis points to increase the capacity of the industry to further support the micro, small and medium enterprises (MSMEs). BSP Governor Benjamin Diokno said the reserve requirement ratio for thrift banks would be lowered […]
Read MoreAPPROVED investments in Malaysia slumped in the first quarter amid the Covid-19 pandemic, with full-year investment approvals likely to halve from 2019, UOB economists Julia Goh and Loke Siew Ting said in a July 21 note. Total approved investments were down 34 per cent year on year at RM37.4 billion. The bulk of this was […]
Read MoreThe Hanoitimes – Growing Chinese investment to Vietnam could turn the Southeast Asian country into a transshipment point for China to reroute its exports to a third country. With complicated trade relations between China and other countries, Vietnam should remain cautious about growing Chinese investment in the country, according to the Vietnam Institute for Economic and […]
Read More[BANGKOK] Thailand will extend a state of emergency until the end of August, a senior official said on Wednesday, maintaining the security measure put in place to contain its coronavirus outbreak. The announcement comes after nearly two months without local transmission and with many people in Thailand questioning the need for an emergency decree. “It […]
Read MoreThe ASEAN Online Sale Day (AOSD), an initiative of Vietnam within ASEAN’s cooperative framework, is to take place on e-commerce platforms on August 8, the Vietnam e-Commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade has announced. It will be the first online shopping event conducted simultaneously throughout the entire ASEAN […]
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