The seven major areas include finance, banking, and aviation industries. The Government will keep at least 65% stake in State-owned enterprises (SOEs) in seven sectors, including the finance, banking, and aviation industries after completing privatization or divestment of State capital. The information was revealed in the Government’s decision No.22/2021/QD-TTg stipulating criteria for the classification of […]
Read MoreAsia dominates the list of the world’s most costly cities for expatriates, despite significant shifts — including a big drop of 11 points for Bangkok to 46th place — according to the global human resources consultancy Mercer. Hong Kong lost top spot — a position it held for the past three years — to Ashgabat, […]
Read MoreTwo years ago, Cambodia was amid a marketing makeover. The rapidly emerging southeast Asian nation was transitioning from a TV-centric media market to embracing the internet as the centre of its media and marketing universe. In parallel, brands were busy recasting their strategies for a mobile-savvy market where 60% of the population is under 30 […]
Read MoreMANILA, Philippines — Bank of the Philippine Islands (BPI) is not discounting the possibility of monetary adjustments in the coming months amid the continued weakening of the peso as well as the easing inflation. Aside from the foreign exchange movement and inflation, BPI lead economist Jun Neri also cited the pronouncements made by the US […]
Read MoreConsumer confidence dropped to a record low in June, dented by the country’s biggest coronavirus outbreak, a slow vaccine rollout and a sluggish economic recovery, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce fell to 43.1 in June from 44.7 in May. Source: https://www.bangkokpost.com/business/2145547/consumer-confidence-hits-record-low
Read MoreThe upcoming bad debt exchange platform from Vietnam Asset Management Company is being viewed as a promising legal intermediary which can effectively deal with sour loans, as well as help lenders simplify procedures for collateral disputes while enhancing transparency. In late June the company (VAMC) announced that it will register a new branch to operate as […]
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Thailand
