SINGAPORE – A report released today by global cybersecurity specialist ESET suggests that cybersecurity incidents and risks will grow further in 2018, with an increasing pattern of sophistication. The report focusses on ransomware, attacks on critical infrastructure, malware, combating criminal activity, and cyber threats posed to electoral campaigns and data privacy.
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BEIJING - China’s top banking regulator has laid out measures to grant greater access to the banking sector for foreign players. Foreign banks will have more access to the yuan-denominated retail banking and bond business, and face lower barriers to investing in domestic institutions.
HO CHI MINH CITY – Foreign direct investment (FDI) into Vietnam continued to increase as registered FDI – newly-registered capital, additional funds, and share purchases - reached US$33.09 billion in November, a surge of 82.8% YoY. Disbursed FDI amounted to US$16 billion, up 11.9% YoY, Vietnam Assete Management (VAM) reports.
BEIJING - The China-initiated Asian Infrastructure Investment Bank has announced a US$250 million loan for a natural gas project in Beijing to support the ongoing process of coal-to-gas conversion and to improve air quality in the Chinese capital city and its neighbouring region.