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UnionPay sees robust growth in Cambodia

Reporting tremendous growth in the number of cards issued in the country as well as in the number of transactions, UnionPay has recently revealed that Cambodia is the market in Southeast Asia where it is growing the fastest. According to the China-based company’s most recent report, the number of transactions performed by Cambodians using UnionPay […]

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Thailand: Loss of privilege irks LTF investors

Paying tax is a bitter pill to swallow for most people, with many Thais opting to invest in long-term equity funds (LTFs) for the tax deduction on annual income.  But such tax privileges will soon disappear because financial regulators no longer want to spoil the upper and middle classes with a generous treat and risk […]

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