Bank of Thailand governor Veerathai Santiprabhob has toned down his hostility towards Facebook’s digital currency plan, but he said prudent study of both the benefits and risks of the virtual coin is still needed. The social media giant’s Libra stablecoin would give more opportunities to Thais in financial access, he said, but the digital coin’s […]
Read MoreInformal businesses owned by Chinese nationals are on the rise in central Phnom Penh, especially in Tonle Bassac commune, surrounding Koh Pich. Such businesses have sprung up notably in Central Market, Orussey Market, Sovanna Shopping Mall, Rattana Plaza, as well as Kakab commune across from Phnom Penh International Airport. The influx of Chinese nationals over […]
Read MoreTHAILAND’S consumer sector will be led by food and beverage in the second half of 2019, on relatively strong food inflation and a pick-up in drinks consumption, a report has said. As the increase in food and non-alcoholic drink costs continues to outpace headline inflation, Nomura research analysts Thanatcha Jurukul and Rajesh Kumar are banking […]
Read MoreAs the excise tax for motorcycles will increase from January 2020, demand is expected to rise in the second half of this year, says BMW Motorrad, the German motorcycle maker. Christian Samlowski, the new head of BMW Motorrad Thailand, said the remainder of 2019 offers potential for buyers before the prices change next year. In […]
Read MoreGaming industry players in the Mekong Region will be descending on Cambodia in a few months for one of the biggest regional events of the industry in the last few years. For in depth analysis of Cambodian Business, visit Capital Cambodia Ros Phirun, director-general of the Ministry of Commerce, confirmed in an email yesterday that Cambodia […]
Read MoreThe Hanoitimes – Looking ahead to the longer term, Vietnam will face risks related to aging, climate change, and digitalization. The International and Monetary Fund (IMF) has named five factors expecting to lay the foundation for Vietnam’s economic outlook. Despite rising trade tensions and volatility in emerging economies throughout 2018, Vietnam’s economy saw broad-based growth […]
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