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APEC: Necessity to diversify investment resources for infrastructure development

The Hanoitimes – APEC’s Finance Ministers have agreed on diversifying financial resources to facilitate the participation of private sectors in infrastructure investment. This is one of the important statement at the Joint press release of the Asian Pacific Economic Cooperation (APEC) Finance Minister Meeting 2017 at Quang Nam on October 21. Currently, many APEC economic members, […]

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Vietnam in global integration: Competition for Development

The Hanoitimes – From food and beverage, household products, electronics to services, customers are having more options to choose with brands from Thailand, China, Korea, Japan, which is putting pressures on domestic enterprises to up their games. Products from Japan, Korean, Thailand are dominating Vietnam’s super markets, after China and Korean, Thailand is one of the […]

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Philippines: Govt posts P36.9-B budget deficit for Sept

Expenditures drop, year-to-date target missed The budget deficit narrowed in September from a year earlier, the government reported on Monday, as state spending dropped amid a surge in revenues. The P36.9-billion shortfall for the month was significantly lower than the P75.3 billion posted last year based on data released by the Bureau of the Treasury. […]

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Cambodia: New inter-bank transfer system

The National Bank of Cambodia (NBC) last week held the soft-launch for its new inter-bank transfer system that will allow customers to transfer money between participating financial institutions using payment cards at ATMs and point-of-sale (POS) machines. Known as Cambodian Shared Switch, or CSS, the new system is a collaboration between three local financial institutions: […]

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