Monetary Authority of Singapore and nation's Association of Banks are encouraging residents to use e-gifting for Lunar New Year. ( read original story ...)
Cambodia sees US$100 million co-financing scheme fund for SMEs fully subscribed
A SME enterprise co-financing scheme fund totalling US$100 million has been fully subscribed by mid-October last year, benefitting 753 SMEs, according to the SME Bank of Cambodia. The fund was ... ( read original story ...)
North Korea parliament reshuffles economic officials
SEOUL — North Korea’s rubber-stamp parliament gathered Sunday to pass decisions made by a recent ruling party congress and carried out a major reshuffle of officials in charge of economic ... ( read original story ...)
EMERGING MARKETS-Asian currencies advance as dollar retreats; S. Korea shares rebound
Adding to the positive mood, South Korea's vice finance minister also said additional measures will soon be unveiled to revitalise consumption. Taiwan's stocks climbed 1.6% and the local dollar once ... ( read original story ...)
S. Korea to monitor market volatility amid widening bond yield spreads
South Korea will closely monitor a potential increase in volatility of the financial markets as the yield spread between short and long-term state bonds is increasing, the vice finance minister said ... ( read original story ...)
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system. ( read original story ...)
Iran Confiscates Over 45K Bitcoin Miners Following Nationwide Blackout
Iran’s embrace of cryptocurrency mining has been one of the country’s most important policy decisions of the past few years. Yesterday, local news source Tasmin News [...] ... ( read original story ...)
Researchers warn of risks for Vietnam in 2021
Analysts warn that this may cause high risks for the world financial market and the global debt situation. Fourth, the 4.0 industry revolution and digital transformation are proceeding rapidly which ... ( read original story ...)
Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs
Vietnam’s GDP grew 2.91 per cent in 2020 and, although lower than in recent years, it is a significant achievement considering many countries in the region are in economic freefall. ( read original story ...)
Nestlé Vietnam once again lauded for budget contribution
Nestlé Vietnam has been conferred a Certificate of Merit by Dong Nai for its excellent achievements in state budget contribution. ( read original story ...)