The gross premiums from insurance in the country, including life and general, grew by 10.2 percent in 2021 compared to the previous year, according to the Financial Stability Report, released by the National Bank of Cambodia, indicating a growing awareness among the members of the public about the importance of insurance as a hedge against […]
Read MoreFinance Minister Arkhom Termpittayapaisith asked the Bank of Thailand to discuss with commercial banks whether they can raise their interest rates on a gradual basis in the event the central bank decides to raise its policy rate. Mr Arkhom said the central bank shares the ministry’s goal of continuing a gradual Thai economic recovery. He […]
Read MoreLaos will shortly begin supplying Singapore with electricity under the Laos-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP). Vientiane Times reported on Monday that a total of 100 MW will be supplied by Laos to Singapore as a trial run. The power purchase agreement was signed in Vientiane Capital on Friday by Managing Director of the Lao state-owned Electricite du […]
Read MoreThis marked the seventh price hike since April 21. The retail prices of biofuels E5-RON92 rose by VND190 to VND31,300 per liter (US$1.35) and RON95 by VND500 to a record high of VND32,870 ($1.42) from 3:00 pm today [June 21]. RON95 currently makes up 70% of the total amount of consumed petroleum products in the […]
Read MoreDespite the continued efforts by the National Bank of Cambodia (NBC) to promote the use of riel (KHR), the level of dollarisation in the country still remained over 80%, according to the Financial Stability Report 2021, released by the central bank recently. This level of dollarisation limits the NBC’s role in influencing money supply and […]
Read MoreThe cabinet on Tuesday approved extending the existing measures for three months devised to alleviate the hardship of low-income earners from the surge in oil prices. The measures were scheduled to expire at the end of this month. According to Prime Minister Prayut Chan-o-cha, the government needs to extend the aid measures to low-income earners […]
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Thailand
