It is unclear if Cambodia’s apparent criticism of Chinese coronavirus vaccines is meant to refute the country’s reputation as China’s proxy. If that is the case, then Cambodia needs to do far more to introduce balance to its foreign policy.
Cambodian Prime Minister Hun Sen has said that his government will only purchase coronavirus vaccines that are approved by the World Health Organization (WHO), adding that his country cannot become a dumping ground for vaccine trials. The comment appeared to be a departure from Cambodia’s prior commitment to purchasing Chinese vaccines, as well as a potential criticism of countries, like Indonesia, that have allowed trials of Chinese vaccines.
MANILA, Dec. 29 The strong demand for the Philippines’ foreign bond offerings in 2020 even with the unprecedented challenge brought by the COVID-19 contagion has underscored international investor confidence in the country’s ability to quickly bounce back from the impact of this global crisis and regain its pre-pandemic growth momentum.
Finance Secretary Carlos Dominguez III said the low borrowing costs and tight spreads of these foreign bond issuances was the result of the Philippines’ strong fiscal position and favorable credit profile, which has remained at a high-investment grade rating of BBB + in a sea of credit-rating downgrades and negative outlook revisions worldwide amid the global economic turmoil.
Posted : 2020-12-24 16:30
Updated : 2020-12-24 21:37
Eximbank CEO Bang Moon-kyu, right, poses for a photo after donating 350 million won at the bank s headquarters on Yeouido in Seoul, Wednesday. Courtesy of Korea Eximbank
By Lee Kyung-min
The Export-Import Bank of Korea (Korea Eximbank) said Thursday that it has donated 350 million won ($317,000) to Band Foundation, to foster social enterprises that prioritize creating jobs for low-income earners and strengthening social services. Korea Eximbank CEO Bang Moon-kyu delivered the funds to the foundation, Wednesday.
Of the donations, 200 million won will be used to finance 12 social enterprises that hire women who are marriage migrants. The funds will be given to firms that help advance fair trade.
Korea Eximbank donates 350 million won to foster social enterprises, help the vulnerable.
Posted : 2020-12-24 16:30
Updated : 2020-12-24 21:37
Eximbank CEO Bang Moon-kyu, right, poses for a photo after donating 350 million won at the bank s headquarters on Yeouido in Seoul, Wednesday. Courtesy of Korea Eximbank
By Lee Kyung-min
The Export-Import Bank of Korea (Korea Eximbank) said Thursday that it has donated 350 million won ($317,000) to Band Foundation, to foster social enterprises that prioritize creating jobs for low-income earners and strengthening social services. Korea Eximbank CEO Bang Moon-kyu delivered the funds to the foundation, Wednesday.
Of the donations, 200 million won will be used to finance 12 social enterprises that hire women who are marriage migrants. The funds will be given to firms that help advance fair trade.