The Association of Banks in Cambodia (ABC) and its respective members say Cambodia is moving forward in eradicating corruption and money laundering. ABC also acknowledges “black money” can still be detected. ABC said it would like to ensure the public that the National Bank of Cambodia (NBC) and the Cambodian Financial Intelligence Unit has taken […]
Read MoreMANILA, Philippines — Growth in the wholesale prices of building materials in the National Capital Region (NCR) slowed down in February, snapping a brief uptick in January, the Philippine Statistics Authority (PSA) reported. Preliminary results of the Construction Materials Wholesale Price Index (CMWPI), which is used as a reference in the costing of government projects, […]
Read MoreTourism operators are urging the state to impose a two-week lockdown to keep the coronavirus from spreading to provincial areas and creating a deeper impact on the economy. It’s not too late to put the country into a complete lockdown, closing both land and air connections for two weeks or up to one month, as […]
Read MoreThe outbreak of the coronavirus has affected the property market in Bangkok, in particular the retail and condominium segments. People are travelling less and avoiding crowded places including shopping malls to reduce the risk of falling ill. “This event is hitting the retail market and has caused a significant decrease in traffic inside many shopping […]
Read MoreMANILA, Philippines — The amount of money sent home by Filipinos abroad hit record levels last year, piling up for six consecutive months going into the Christmas holidays, despite fears of a global recession and rising geopolitical tensions, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Data released by the central bank showed personal remittances […]
Read MoreCambodia exported garments, footwear and travel goods worth $9.35 billion in 2019, a year-on-year increase of 11 percent, according to a report from the Ministry of Industry and Handicraft. The report was released at an annual meeting held yesterday for a review of 2019 and to set objectives for 2020. The report stated there were […]
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Thailand
