The number of outbound Cambodian travellers has increased by 14.5 during the first half of the year due to higher incomes in the country and a more crowded aviation market, according to the latest report from the Ministry of Tourism. During the first six months of the year, more than 960,000 Cambodians travelled abroad, a […]
Read MoreVietnam is emerging as one of the world’s hottest markets for private equity investments thanks to its high rate of return, driven by the country’s rapidly growing economy and the government’s fine-tuned policies. Mekong Capital has recently announced that its Mekong Enterprise Fund II (MEF II) has successfully divested 100 percent of its final remaining […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures fell on Wednesday to their lowest in nearly two weeks in the second half of trade, tracking losses in U.S. soyoil and on weak export demand. Also, weighing on sentiment was weakness in the Indian rupee which has made imports expensive for local buyers in the South Asian nation. This will hurt palm oil […]
Read MoreTurkey’s currency crisis may create an opportunity for foreign investors to snap up Thai bonds because Thailand’s low inflation supports bond investment returns, says Kasikornbank (KBank). “Some fund managers that lack discernment may not realise that this is a good opportunity to pick up Thai asset classes that have strong fundamentals and satisfying returns,” said Kobsidthi Silpachai, […]
Read MoreThe banking industry is expected to announce 10% lower earnings for the second quarter than the previous quarter, mostly attributed to the decision to eliminate fees for digital transactions. KGI Securities forecasts the combined net profit of nine listed banks in the second quarter of the year at 46.05 billion baht, down 10.7% quarter-on-quarter, but increasing […]
Read MoreThe Financial Services Authority (OJK) is about to issue a new set of rules on financial technology (fintech), as more and more startups arise in the industry. The OJK’s head of digital financial innovation and micro-finance development, Triyono, said the regulation was currently awaiting approval from the Law and Human Rights Ministry. “We will begin […]
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Thailand
