The North-South high-speed railway line is a large-scale project with a total investment of around $58.7 billion which could facilitate not only cargo transport at an operational speed of up to 200km/ …
Shinhan Financial, Grab partner on digital finance services in Vietnam
Shinhan Financial Group said Thursday that it had signed a memorandum of understanding with the Vietnamese subsidiary of Singapore-based ride-hailing giant Grab to jointly develop new digital …
Financial Education, Technology are Crucial in the New Normal—Home Credit and CIC
As a developing economy, it is no surprise that the Philippines still has a long way to go when it comes to financial literacy. Just before the government imposed the enhanced community quarantine …
China to balance stable growth and risk prevention – PBOC
China will strike a balance between stabilising economic growth and preventing risks, even as debt was allowed to temporarily rise this year to support the coronavirus-hit economy, the head of the …
Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief
Hong Kong Treasury Secretary Christopher Hui said Wednesday the region’s government is considering collaborating with mainland authorities on China’s digital currency project, the digital yuan. Hui …
Armenian PM sees no way to settle conflict through diplomacy
Armenian President Armen Sarkissian also took aim at Turkey … Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed …
Armenia to ban import of Turkish goods on Dec. 31
Armenia announced on Wednesday to impose a temporary ban on the import of Turkish final goods from Dec. 31. Armenia’s news agency Armenpress quoted the office of Deputy Prime Minister Mher Grigoryan …
Same Old Hariri, Newly Traumatized Lebanon
Same Old Hariri, Newly Traumatized Lebanon… Lebanon has come full circle. A year ago, a million Lebanese thronged the streets and demanded the removal of the entire political class, as they chanted …
Stranded North Koreans in China keep earning for homeland
Many North Korean restaurants operating here, on the Chinese side of the Yalu River, continue to employ workers from their home country despite United Nations sanctions banning such a practice. By …
Deal with Thailand’s Krungsri raises P1.53B for Security Bank
Lender Security Bank has generated P1.53 billion from the sale of a 50-percent stake in consumer finance arm, SB Finance Co., to Bank of Ayudhya or the Krungsri group of Thailand. But beyond the …