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Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development. Data from the State Bank of Vietnam (SBV) showed that by the end of 2022, the charter capital of the whole banking system reached VND876.99 trillion, up …

People in China splashed out on dining, travel and luxury goods after emerging from three years of pandemic restrictions but are still not spending freely on routine consumer items, if first quarter corporate results are an indication. There was a broad bounce in earnings after China ended its zero-Covid policy …

Authorities in Indonesia’s Bali have banned all tourists from climbing on its 22 sacred mountains with immediate effect, following several acts of disrespect to the predominantly Hindu island’s culture. Bali’s Governor Wayan Koster last late week made a landmark policy announcement, saying there would be only very specific circumstances whereby …