th04
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Thailand: Exim reports insurance claims spike

Export-Import Bank of Thailand says insurance claims soared 226% and foreign buyers’ delayed payment amount surged 195% in the first five months of 2020, signalling rising default risk in international trade. Exim Thailand’s export insurance clients filed documents on foreign buyers’ delayed payments for a total overdue amount of 617 million baht in the January-May […]

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Covid-19 a lesson and wake-up call for Asean

KUALA LUMPUR: Middle-powers like the European Union (EU) and Asean should heed the lessons learned from Covid-19 about the importance of continued relevance of global openness and free trade, says the CIMB Asean Research Institute (CARI). CARI chairman Tan Sri Munir Majid noted such points to be particularly pertinent as countries struggle to return to […]

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Vietnam to go digital through decade of all-purpose action

Vietnam has made a new policy move in its journey to transform itself into a digital economy and improve its legal framework, much to the appreciation of investors and businesses. Over a week ago, the Politburo enacted Conclusion No.77-KL/TW on overcoming impacts of COVID-19 for national economic recovery and development. The conclusion underlined the need […]

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