Cambodia’s much-anticipated anti-trust legislation was signed into law by the King on October 5 and came into force the next day but there’s still some confusion about how it will be enforced. That’s because the principal regulator. the Cambodia Competition Commission (CCC) has not yet been appointed. Without this key position filled it is unclear […]
Read MoreDeposits have decreased sharply in the State Bank of Vietnam, but liquidity is still in abundance. This could be attributed to credit growth this year which has recovered although it is still slow. As of 29 October, new credit growth had reached 8.72%. Although this level is surprising compared to the previous forecast and higher […]
Read MoreBANGKOK (BLOOMBERG) – The Bank of Thailand said commercial banks should avoid “direct involvement” in trading of digital assets, citing their high volatility and potential risks to financial and payment stability. Commercial banks should focus on safety, “as they are responsible for the deposits of the people”, BOT senior director Chayawadee Chai-Anant said at a briefing […]
Read MoreChina will import “pra” fish from Cambodia in the near future, once technical experts study and assess sanitary and other associated risks in virtual inspections and give the all-clear, Chinese ambassador to Cambodia Wang Wentian affirmed on December 6. “Pra” in the Khmer language typically refers to Pangasius djambal, but could more widely describe shark catfish […]
Read MoreHÀ NỘI — The Ministry of Industry and Trade plans on ensuring goods supply according to the varying pandemic development, even preparing for the possibility of a large-scale outbreak of COVID-19 over Tết (Lunar New Year). Currently, the pandemic is developing in complex fashion across many localities nationwide. Departments are requested to monitor the supply and demand of goods, especially essential items, ensuring goods supply […]
Read MorePRIVATE-SECTOR economists expect Singapore’s full-year growth to be 6.9 per cent in 2021 and 4 per cent in 2022, according to the Monetary Authority of Singapore’s (MAS) latest quarterly survey of professional forecasters released on Wednesday (Dec 8). This is comparable to the government’s forecasts of “around 7 per cent” for 2021, and 3 per cent to […]
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