23 July 2019
Kazakhstan’s Astana International Financial Centre is fast evolving as a ready connector for Central Asian enterprises to go global and foreign financial players to dip their toes in the burgeoning Central Asia market. As the international financial centre in Asia, Hong Kong is working closely with Kazakhstan in such sectors as banking and finance, legal and arbitration, start-ups, and education to turn vision into action.
Cambodia attained lower middle-income status as of 2015, having sustained an average growth rate of 7.6% in 1994-2015, mainly driven by garment exports and tourism. The economy slowed down slightly to reach an estimated 6.8% annual growth figure in 2017.
The government has stepped in and cancelled the licences for six long-delayed investment projects in the Vung Ang Economic Zone. This has seen central Ha Tinh, the zone’s home province, lose some US$100 million in previously-agreed funding and brings the total number of its locally-cancelled projects to 38.
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