Regulators plan to prohibit the use of digital assets to pay for goods and services because it could create a risk for financial stability and the economy. According to a joint statement by the Bank of Thailand, Securities and Exchange Commission (SEC) and the Finance Ministry on Tuesday, they have reviewed the benefits and risks […]
Read MoreInflation will apparently become one of the key words of 2022. As it exerts impact on other macroeconomic variables, while it has to bear pressure and influence from other factors, inflation and its forecasts have aroused bitter controversy among economists and analysts. In a recent report on Vietnam, Standard Chartered projects the country’s gross domestic product […]
Read MoreLao coffee producers have partnered with a Chinese trading company to promote Lao strategic products, broaden agricultural cooperation, and boost coffee exports to China. A Memorandum of Understanding to this effect was signed on Monday at Dao Coffee Co., Ltd. in Bachieng district, Champassak province, by the Vice President of the Lao Coffee Association, Mr […]
Read MoreFollowing an improvement in Thai tourism during the festive season in December, the industry faced a rocky start to the New Year due to the rise of Omicron, the highly transmissible Covid-19 variant. The fresh wave of infections prompted the government to put stringent measures in place by suspending the Test & Go scheme, hindering […]
Read MoreMANILA, Philippines — S&P Global Ratings expects Philippine banks to enjoy a sustained credit growth of five to seven percent this year amid the return of corporate and individual borrowers as the country continues to recover from the impact of the pandemic. In a report, Nikita Anand, primary credit analyst at S&P, said the Philippine […]
Read MoreWith the economy gradually bouncing back, Vietnam will continue speeding up the disbursement of public investment this year, with a focus placed on infrastructure development in order to spur on economic growth this year and beyond. Work has become quite busy at a section of road to lengthen Nguyen Van Huyen road in Hanoi’s Xuan […]
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