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Cambodia: Government considering reducing public investment projects

The Cambodian government is considering reducing the number of approved public investment projects in a budgetary move to preserve funds for use fighting against the Covid-19 pandemic. Previously, the government reduced expenditures to the same purpose, as noted by Prime Minister Hun Sen in his speech for the launch of the under 18s vaccination campaign […]

Thailand: Covid situation still casts shadow over baht as foreign investors head for exit

The baht opened at 32.94 to the US dollar on Tuesday, unchanged from Monday’s closing rate. The Thai currency is likely to move between 32.90 and 33.00 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon said the baht was weakening while the US dollar could swing sideways. The baht was unlikely to […]

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Cambodia: Government considering reducing public investment projects

Thailand: Covid situation still casts shadow over baht as foreign investors head for exit