Central bank warns of NPLs from transport projects Business

Central bank warns of NPLs from transport projects

The State Bank of Vietnam (SBV) has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer (BOT) and Build-Transfer (BT) transport projects.
KOICA funds disaster risk reduction project in Da Nang Environment

KOICA funds disaster risk reduction project in Da Nang

Chairman of the People’s Committee of Da Nang city Huynh Duc Tho on November 12 worked with Director of the Korean International Cooperation Agency (KOICA) in Vietnam Kim Jin-oh on a project to reduce disaster risks funded by the Republic of Korea (RoK) in the central coastal city.
Thailand cancels hundreds of flights during festival World

Thailand cancels hundreds of flights during festival

The Airports of Thailand (AoT) on November 8 announced that about 160 flights were either cancelled or rescheduled to prevent possible accidents from floating lanterns released during Loy Krathong Festival from November 10 – 12.
Indonesia hosts workshop on Asia’s economic-trade policies World

Indonesia hosts workshop on Asia’s economic-trade policies

Priorities in Asia’s trade and economic policies in 2020 were the focus of a workshop which was held late October in Jakarta, Indonesia, attracting the participation of Indonesian and foreign economists and scholars, besides Indonesian policy makers and foreign diplomats.