The State Bank, while admitting that it is difficult to eliminate cross-ownership in commercial banks, said in many cases, institutions and individuals borrow money from credit institutions to buy bank stakes or contribute capital to banks.
Over the past 25 years, APEC has proved a leading economic cooperation mechanism in the region and the world, directing trade and investment liberalisation processes, while bolstering collaboration and cooperation for peace and growth.
Da Nang’s IT and communications sector is facing a serious shortfall in manpower, as colleges and training centres are only able to supply a fifth of the human resources needed for businesses operating in the city.
Online retailer Amazon is set to create more than 5,000 jobs in Britain
this year, the company said on Monday, boosting its investment in the
country once more even as it prepares to leave the European Union.