Firma dominguez

Hanoi (VNA) - The Philippines and the World Bank have signed a loan agreement worth 370 million USD for a project to support local farmers, the Xinhua news agency reported, citing the Philippines’ Department of Finance (DOF) as saying on July 20. The loan agreement was signed recently by Philippine Finance Secretary Carlos Dominguez and Achim Fock, who is the WB's acting country director for Brunei, Malaysia, Philippines and Thailand. The project aims to speed up the process of splitting about 1.4 million hectares of land covered by the country’s Comprehensive Agrarian Reform Program (CARP) and then providing individual titles to these parcelised lots to some 750,000 farmers. "The SPLIT project will improve the bankability of farmers and enable them to access credit and government assistance," Dominguez was quoted by Xinhua News Agency. The loan will support the Philippines' economic recovery programme, added Dominguez.   The government has redistributed about … [Read more...] about Philippines, WB sign 370 million USD loan deal to assist Filipino farmers

There are a number of positives which have emerged as the country moves past the COVID-19. This includes the active intervention of the government in an effort to address inherent lacunae and anomalies within the Vietnamese economy. Moreover, efforts have been made to rationalise the local tax structure, improve infrastructure, address business challenges, initiate public sector reforms, and enforce better banking standards. The weak banking system and financial architecture have therefore impacted the overall growth of the local economy. Also, the Vietnamese currency has kept within a certain range in an effort to bring about more foreign exchange and avoid currency fluctuations in the international market. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 24

Meanwhile, the Philippine Central Bank, Bangkok Sentral ng Pilipinas' (BSP), lauded the initiative for its impact on inclusive prosperity, "Given our advocacy to accelerate the digital delivery of financial services while deepening financial inclusion, we view Bonds.PH as a welcome addition to the expanding suite of available financial products serving wide market segments via innovative delivery channels and bridging the financially excluded," said BSP Governor Benjamin Diokno. "From the basic easing of the public's access to transaction accounts to now this offering of retail treasury bonds to the masses in a simplified yet secure manner, shows the remarkable progress of our shared financial inclusion agenda. This surely marks the transition of blockchain technology from its buzzword status to a feasible, production grade solution capable of democratizing access to digital financial services," said the Central Bank Chief.  … [Read more...] about Philippines is Among Asia’s Pioneers in Leveraging Distributed Ledger Technology for Bond Distribution