Vietnam news 2015

HANOI (Xinhua): Many banks in Vietnam have increased deposit interest rates by 0.1 to 0.6 percentage points amid the growing demand for funds and inflationary pressure, local media reported on Wednesday (May 18). The rates have increased sharply since the beginning of this month, with the peak at 6.5 per cent to 7.4 per cent, the daily newspaper Vietnam News reported. … [Read more...] about Vietnam banks raise interest rates amid inflation

NAIROBI, May 18 (Xinhua) -- East African real estate executives on Wednesday said that they remain hopeful that the sector will recover from the COVID-19 shocks. Speaking at a forum in Nairobi, Kenya's capital, Tilda Mwai, research lead of pan-African real estate research firm, Estate Intel, said that the regional economic recovery has prompted a lot of interest in the sector … [Read more...] about East African real estate executives hopeful of recovery amid COVID-19 shocks

BENGALURU: McDonald's Corp is selling its Russia business to its current licensee Alexander Govor and the restaurants would operate under a new brand, ending more than three decades of presence in the country following its invasion of Ukraine. The world's largest burger chain owns about 84% of its nearly 850 restaurants in Russia and became one of the biggest global brands to … [Read more...] about McDonald’s to sell Russia restaurants to local operator

PHNOM PENH (The Phnom Penh Post/Asia News Network): Cambodia imported iron and steel worth US$119.72 million in the first four months of 2022, marking an increase of 19 per cent over the $101 million recorded in the same period last year, according to Customs. This accounted for 1.192 per cent of the Kingdom’s total goods imports over January-April, valued at $10.043 billion, … [Read more...] about Cambodia iron, steel imports mount as construction sector recovers

KOENIGSWINTER, Germany (Reuters) -Group of Seven financial leaders are likely to agree on Thursday and Friday on around $15 billion to help Ukraine pay its bills in coming months, but surging inflation, climate change, supply chains and the impending food crisis are also on the agenda. Finance ministers and central bank governors of the United States, Japan, Canada, Britain, … [Read more...] about Money for Ukraine tops G7 agenda; inflation, food a concern