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Hanoi’s Kim Ma – Yen Nghia bus rapid transit (BRT) system has helped reduced traffic congestion and is increasing its number of passengers and revenues, according to city authorities. There were on average 40 passengers per trip in 2017, and the number has risen to 45 this year, a People’s …

The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing manager surveys in recent months. It blamed the darker outlook on tightening monetary policy triggered by persistently high and broad-based inflation, weak growth momentum in China, …

Pawnshop chain F88 has managed to raise loans worth US$60 million from two international financial institutions to fund its expansion. It has borrowed $50 million from CLSA Capital Partners (HK) Limited (Lending Ark) through Lending Ark Asia Secured Private Debt Funds and $10 million from the UK’s Lendable. Phung Anh …