cam03
Read More

Cambodia: Kingdom isolated from highest credit defaults

Moody’s Investor Service reported the pandemic boosted corporate defaults in emerging markets (EM) to 7.7 percent in March, but that figure is projected to fall to 4 percent by year-end. “The recovery is likely to be uneven across EM countries and, thus, default rates will vary between countries. A resurgence of virus infections, slow vaccinations, […]

Read More
logo
Read More

Thailand: Fuel consumption drops by 7.7% in first quarter

Average fuel consumption contracted by 7.7% to 138.9 million litres per day in the first quarter due mainly to the recurrence of Covid-19, says the Department of Energy Business (DOEB). Consumption stood at 150.6 million litres per day during the same period last year. Demand for almost all types of petroleum products, including benzine and […]

Read More