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Thailand: Red flag raised on household debt spiral

Two key committees under the Bank of Thailand have voiced concerns that threats to financial stability are still on the rise as household debt accumulation accelerates. The country’s family debt load remains high and is set to pick up further, particularly in auto loans, according to a summary of the joint meeting of the Monetary […]

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Laos launches e-visas to bolster tourist numbers

Laos is falling in line with other countries by allowing tourists to apply for a visa online, aiming to bolster the number of foreign visitors. Deputy Prime Minister Sonexay Siphandone, Minister of Foreign Affairs Saleumxay Kommasith and representatives of other sectors involved on Tuesday pressed buttons to initiate the e-visa service at a special ceremony […]

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