MANILA, Philippines — Jakarta-based Bank Mandiri has expressed interest to put up a branch in the Philippines four years after the country’s banking industry was fully opened up to foreign banks almost four years ago. Representatives of the largest state-owned Indonesian bank recently met with Finance Secretary, and Monetary Board member, Carlos Dominguez III as […]
Read MoreTHAILAND’S social enterprises have been facing issues of sustainability and limited ability to have a positive social impact, but they have plenty of room to grow, the National Economic and Social Development Board said. To promote social enterprise is part of the government’s 20-year national strategy, aiming to narrow the income gap between the rich […]
Read MoreIn recent months, the government has stepped up efforts to help small and medium-sized enterprises (SMEs) digitalise processes by adopting the latest technologies in business management and accounting. To learn more about the government’s plans to help companies adapt to the digital economy, Khmer Times’ Sok Chan speaks to His Excellency Kan Channmeta, Secretary of […]
Read MoreMoody’s Investors Service says that the outlook for the banking system in Singapore (Aaa stable) is stable over the next 12-18 months. “Healthy economic growth will support the banks’ assets quality, while higher interest rates and a decrease in impairment allowances will also lift profitability,” says Eugene Tarzimanov, a Moody’s Vice President and Senior Credit […]
Read More“Consumers should always be cautious when they come across an investment opportunity that promises high returns with assurances of little or no risks. These are likely to be a scam; if it is sounds too good to be true, it most probably is.” On 31 May, the Commercial Affairs Department (CAD) of the Singapore Police Force and Monetary […]
Read MorePresident of the Lao National Assembly, Ms Pany Yathotou, and her Thai counterpart Pornpech Wichitcholchai have said they highly value the growing ties and cooperation between the two countries, and the two parliaments in particular. The comments were made when Ms Pany travelled to Thailand on Friday, leading a Lao delegation on an official goodwill […]
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