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Cambodia: Over $6 billion borrowed through MFIs

The Cambodia Microfinance Association (CMA) yesterday said more than 2 million Cambodian families are currently using the services of a microlender, borrowing a combined $6 billion. Speaking at a workshop held at Phnom Penh Hotel yesterday, Kea Boran, chairman of CMA, said that 2.1 million Cambodian families are benefitting from the services of an MFI. […]

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FDI by nine Asean countries hit over 38 bln USD

Till 30 September since 1988-89 fiscal year, the foreign investments by nine Asean countries in Myanmar, reached 38.155 billion US dollars, accounting for 46.6 per cent of the total FDI, according to the figures released by Directorate of Investment and Company Administration (DICA).  During this period, 50 countries made 1,837 investments worth 81.874 billion US dollars.  […]

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Vietnam government to mobilize efforts for mega transportation projects in 2020

The Hanoitimes – The government continues to support private investors participate in major transportation projects under the form of public-private partnership (PPP). Prime Minister Nguyen Xuan Phuc said the government would mobilize all efforts for the implementation of major transport projects in 2020. These include the Eastern North-South expressway, Long Thanh International Airport, expansion of Tan […]

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Thailand lags in cybersecurity stakes

Some 35% of businesses in Thailand said their most significant cyberbreach has cost US$1 million or more in damage, according to Cisco’s 2019 Asia-Pacific Chief Information Security Officer Benchmark study. Cybersecurity technology is in high demand following the roll-out of the Cybersecurity Act and Personal Data Protection Act, as well as the national ID scheme. […]

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