A financial exchange offering carbon credits and investments in conservation projects is set to launch in Singapore, but it may struggle to convince sceptics of the value of controversial carbon offsets. Climate Impact X (CIX), backed by the Singapore stock exchange, the city-state’s main investment fund and biggest bank, aims to help the growing number […]
Read MoreIn contrast to steady endeavors by provinces/cities to improve efficiency and fairness in budget management, the performance of State agencies in this regard has left much to be desired. More efforts are required to continue improving transparency in the budget management of ministries and ministerial-level agencies. Director of the Vietnam Center for Economic and Strategic […]
Read MoreForeign arrivals to Cambodia dropped by 92.9 percent in the four months this year to only 82,839, according to a report from the Ministry of Tourism. From January to April, Thai tourists, 41,794 to be exact, topped Cambodia’s tourism market list, accounting 50 percent of the total foreign tourists during the period, pointed out the […]
Read MoreKUALA LUMPUR: Malaysian credit reporting agency CTOS Digital Bhd. is in talks to sign up Aberdeen Standard Investments and AIA Group Ltd. as cornerstone investors for its planned initial public offering, according to people with knowledge of the matter. Eastspring Investments Bhd., Fidelity International and several local asset managers are also in discussions to participate […]
Read MoreSINGAPORE is no longer the world’s most competitive economy, a spot it has held for the past two years. In the latest Institute for Management Development (IMD) World Competitiveness Ranking 2021, Singapore now ranks as the fifth most competitive economy globally, while Switzerland took its place at the top. Sweden, Denmark and the Netherlands followed […]
Read MoreMANILA, Philippines — Tourism’s contribution to gross domestic product (GDP) last year fell to below P1 trillion, its lowest in more than a decade, as expenditures on travel declined by double digits due to border restrictions put in place by the government. In a report, the Philippine Statistics Authority (PSA) said gross value added (GVA) […]
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Thailand
