The Lao government has announced that additional bonds worth 3.2 trillion kip ($346 million) and $50 million will be available for trade on the Lao Securities Exchange (LSX) through the co-arrangers Lanexang Securities Public Company, BCEL-KT Securities Co Ltd, and Lao-China Securities Co Ltd. A news conference on the offering of the bonds took place […]
Read MoreBANGKOK (CNA) – Thailand’s central bank has the necessary policy tools to handle the strengthening of the baht, the Finance Minister said yesterday, as the currency hit its highest level in more than 10 months against the United States (US) dollar. The baht’s strength has been driven by foreign inflows, partly due to optimism over […]
Read MoreThe COVID-19 pandemic triggered a precipitous drop of 78 percent in passenger traffic at Cambodia’s three international airports during the first 10 months of 2020 compared with 2019 figures, said a senior executive of the Cambodia Airports. “It has been a challenging situation as our airports and air connectivity play a critical role in the […]
Read MoreThe race for domestic retail market share was heating up as local and foreign firms looked to expand their networks, experts said. At a recent meeting in HCM City, Truong Cong Thang, general director of VinCommerce Company, told partners that the retailer wanted to open nearly 10,000 stores and more than 300 Vinmart supermarkets in […]
Read MoreMANILA, Philippines — Automotive assemblers saw their highest monthly sales in October since the start of the pandemic, but the figures were still down 27 percent from a year ago as both passenger cars (PC) and commercial vehicles (CV) registered declines. The joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers […]
Read MoreThe Public Works and Housing Ministry is aiming to start the bidding process of nine toll road sections, with a combined length of 350 kilometers and combined investment of around Rp 142.5 trillion (US$10 billion), by year-end, a minister has said. Minister Basuki Hadimuljono on Sunday said the government aimed to expedite the toll road […]
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Thailand
