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Thailand: Baht, stability key to recovery

The government needs to manage the local currency to become more competitive and ensure political stability, two key tools to help reboot the virus-hit economy, says Boonsithi Chokwatana, chairman of consumer goods conglomerate Saha Group. “If the government wants the economy to recover within one year after the pandemic ends, the baht should weaken to […]

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Coronavirus brings digital banking risks and rewards

SOUTH-EAST Asian banking players should ramp up digitalisation during the coronavirus pandemic – but they’ll have to be pickier about clientele, too. Despite the appeal of capturing under-banked populations in emerging markets, Fitch Ratings warned that both digital-only players and incumbents may have to hone their targeting as “these segments are likely to be the […]

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Promoting Vietnam as a safe place to welcome foreign tourists

The Hanoitimes – Vietnam’s tourism sector is preparing to welcome back foreign tourists. The tourism sector will submit a schedule for re-starting inbound tourism in the coming time. Vietnam’s tourism sector is expected to resume welcoming inbound travelers sooner than many other countries in the region will do thanks to the success in containing the pandemic. […]

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Philippines: Inflation for poorest households accelerates

MANILA, Philippines — Consumer prices for the country’s poorest households continued to rise in April as families outside Metro Manila felt the pinch, the Philippine Statistics Authority (PSA) said yesterday. The consumer price index for the bottom 30 percent income households accelerated to 2.9 percent in April from 2.4 percent in March, bringing the year-to-date […]

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