Daily increases still remain a fraction of what the country saw at the height of the outbreak in early 2020, but authorities are implementing an aggressive package of measures including the lockdown of more than 28 million people in order to keep the disease from bringing the country to another painful standstill. … [Read more...] about China reports 109 new COVID-19 cases as infections persist in northeast
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Experts tell Govt: Foster domestic virtual banks before foreign invasion
Ride-hailing firm Grab and telecom operator Singtel formed a joint venture in 2019. Their combined experience and expertise “will further our goal to empower more people to gain better control of their money and achieve better economic outcomes for themselves, their businesses and families,” Anthony Tan, Group CEO & co-founder of Grab, told techcrunch.com. … [Read more...] about Experts tell Govt: Foster domestic virtual banks before foreign invasion
Vietnam seeks to avoid middle-income trap before time runs out and population ages
Minister of Industry and Trade Tran Tuan Anh, in his article published in Tap Chi Cong San (Communist Review) in November, pointed out that the middle-income trap occurs when a country slows down in development or becomes stagnant after attaining GDP per capita of between $1,000 and $12,000 under World Bank standards. … [Read more...] about Vietnam seeks to avoid middle-income trap before time runs out and population ages
