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Posted on June 24, 2020

Singapore fund takes stake in Myanmar ISP Frontiir

Ascent Capital, a Singapore-registered fund manager, is set to invest US$26 million in Myanmar internet service provider Frontiir, marking its first equity investment in the country.

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Posted on June 24, 2020

Myanmar Cautioned About Costly Borrowing From China

Myanmar’s auditor general has cautioned government officials about continued reliance on high-interest Chinese loans, as the Southeast Asian country begins to pay off debt taken on during decades of …

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Posted on June 24, 2020

Vietnam wants to bet on gambling industry to boost tourism

If Vietnam legalises sports betting, billions of dollars could be recouped for the country and help boost tourism post-Covid-19.

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Posted on June 24, 2020

Australia, World Bank provide financial support to Vietnam amid Covid-19 impacts

The World Bank Group and the Australian government have agreed to extend their strategic partnership in Vietnam with a commitment of an additional AUD5 million (US$3.45 million) to support Vietnam’s e …

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Posted on June 24, 2020

Vietnam should develop a gambling industry to boost tourism

If Vietnam legalises sports betting, billions of dollars could be recouped for the country and help boost tourism post-COVID-19.

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Posted on June 24, 2020

HDBank joints hands with ADB to boost trade in Vietnam

Backed by ADB’s AAA credit rating, the TFP will provide trade loans to HDBank, which it will on-lend to its customers to support their import and export activities. The Global Trade Review reported. R …

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Posted on June 24, 2020

The Taiwan External Trade Development Council launches online “Anti-COVID-19 Pavilion” sharing epidemic prevention information

HANOI, Vietnam, June 24, 2020 /PRNewswire/ — In Jun 2020, The Taiwan External Trade Development Council (TAITRA) has announced the launch of the “Taiwan Anti-COVID-19 Pavilion.” The pavilion …

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Posted on June 24, 2020

Castor Maritime Inc. Announces Pricing of Upsized $18.0 Million Underwritten Public Offering

LIMASSOL, Cyprus, June 23, 2020 (GLOBE NEWSWIRE) — Castor Maritime Inc. (the “Company”) (CTRM) announced today the pricing of an upsized underwritten public offering of 51,400,000 units at a …

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Posted on June 24, 2020

Singapore stock watch: MIT, Keppel Infra Trust, Hong Leong Finance, Accordia Golf Trust, SingHaiyi

The following companies saw new developments that may affect trading of their securities on Wednesday (June 24):. Read more at straitstimes.com.

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Posted on June 24, 2020

Six fintech innovations that will boost the ‘financial health’ of MENA’s disadvantaged groups

Financial health startups such as Kader (Jordan) and Khtwteen (Egypt) are creating systems that support organisations and job seekers, making it easier for people to find employment and the stability …

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