Restructured loans at member institutions of the Cambodia Microfinance Association (CMA) totalled about $1.5 billion as of April, according to the organisation. CMA’s Executive Director Phal Vandy told local media that loans doubled from February to March this year and have increased at an even faster rate since then. Loans extended in April were seven […]
Read MoreThe Philippines has maintained its solid fiscal position by guaranteeing that the government can always afford to pay its foreign borrowings, according to Finance Secretary Carlos Dominguez 3rd. Dominguez was quoted as saying in a statement released by the Department of Finance on Wednesday that foreign borrowings have proven to be an efficient tool for driving economic growth and ensuring […]
Read MoreThe Vietnamese government would offer more incentives for UK enterprises to form linkages with Vietnamese partners in a move to setup new supply chains. Prime Minister Pham Minh Chinh has approved the action plan to realize the UK-Vietnam Free Trade Agreement (UKVFTA). Under the plan, the PM urged ministries and provinces/cities to continue disseminating information […]
Read MoreThe proportion of so-called digital adopters and digital leaders in Thai businesses is expected to rise in the coming years as more than half of all businesses are gradually embracing digital transformation, according to a virtual business seminar held by the country’s largest mobile operator Advanced Info Service (AIS). Digital adopters are defined as businesses […]
Read MoreSingaporean real-estate company PropNex has announced its regional expansion into Cambodia. This marks the companies fourth overseas venture into the ASEAN market following Malaysia, Indonesia and Vietnam. The expansion will see an increase in regional salespeople employed by the company to more than 12,000. PropNex Cambodia will be led by Alan Neo as chief executive […]
Read MoreFashion brands, manufacturers and retailers are increasingly preparing to adopt new production practices. The trend of fast fashion becomes gradually saturated as more consumers are aware of the industry as the world’s second-largest polluter. Sustainability-oriented/eco-friendly fashion is forecast to grow among local and foreign brands in Vietnam in the coming time, local insiders have said. […]
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Thailand
