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Vietnam urged to develop night-time economy

Vietnam has missed some economic development opportunities and should not ignore the chance to grow the night-time economy, according to economist Tran Dinh Thien. Thien was speaking at a night-time economy workshop with the focus on tourism and realty development in the southern province of Khanh Hoa last weekend. “Vietnam is a bright spot in the […]

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Myanmar – Thai trading cargo trucks allowed to exchange goods only in BCF Zone cargo compound of No.2 Friendship Bridge

Under current circumstances, cargo trucks trading between Myanmar and Thailand have been allowed to exchange their goods only in the BCF Zone Cargo Terminal compound of No.2 Friendship Bridge aso of October 11, said the commissioner of Myawady District.  “Currently, bilateral trade is allowed only at the BCF Zone. We have some difficulties. The cargo […]

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Singaporeans in Cambodia plead for easier travel home

Singaporean Club Cambodia has asked the minister of transport of Singapore to negotiate a two-way air travel bubble or so-called green lane arrangement with Cambodia. A letter was sent by Albert Tan, president of Singapore Club Cambodia, to Ong Ye Kung, the island nation’s minister of transport, stating that the Singaporean community in Cambodia wanted […]

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The export value of Myanmar through border trade decreased USD $ 66 million during 2019 – 2020 fiscal year

The number of Myanmar’s exports to the neighbouring countries through border trade showed a decrease of US$66.57 million in the last financial year 2019-2020 compared with the FY2018-2019, resulted from the trade suspension and closure of border crossings as a precautionary restriction measure for the COVID-19. The export through border trade reached $7.152 billion in […]

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Thailand: BBL tier one back to normal

Bangkok Bank (BBL) expects tier-one capital will return to a normal ratio of 18% this year after issuing adequate tier-one capital (AT1) last month. The capital buffer should be sufficient to cope with the prospects of higher non-performing loans (NPLs) and economic uncertainties for the next three years, said executive chairman Deja Tulananda. The banking […]

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Philippines contraction seen deepest in SouthEast Asia

MANILA, Philippines — Multilateral lender International Monetary Fund (IMF) said the Philippines is expected to suffer the biggest blow from the coronavirus disease 2019 or COVID-19 pandemic in the region with a deeper economic recession this year despite the projected less severe global contraction. Yongzheng Yang, IMF resident representative to the Philippines, said the country’s […]

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