Cambodia remains on the grey list of nations under increased monitoring by the Financial Action Task Force (FATF), a Paris-based global watchdog, for deficiencies in their efforts to counter money laundering, terrorist financing, and proliferation financing. FATF expressed significant concern that Cambodia failed to complete its action plan, which fully expired in January 2021. It […]
Read MoreE-riding firms have raised taxi fares, and traditional taxi firms are expected to follow the move. Hailing a car to the office on Monday, Thu Trang, an office worker in Hoang Liet, Hanoi, noticed a high fare, which was thought to be attributed to the rain, which had raised demand. However, the real reason was […]
Read MoreThe Russia-Ukraine conflict is estimated to inflict 244.70 billion baht’s worth of damage to the Thai economy, dragging GDP growth to only 2-3% this year, if it is extended for the entire year, according to the latest study by the University of the Thai Chamber of Commerce (UTCC). “The Thai economy is highly likely to […]
Read MoreInvestors currently have many opportunities to participate in maritime projects worth more than 300,000 billion VND after Vietnam’s master plan on seaport system development is approved. The Vietnam Maritime Administration is about to submit to the Ministry of Transport for approval the policy and resources to implement the master plan on Vietnam’s seaport system development […]
Read MoreThe government is aiming for a trade surplus of at least US$1.55 billion this year, despite the country’s economic difficulties triggered by the Covid pandemic. The value of exports is projected to reach US$7.6 billion while the value of imports is forecast at US$6.05 billion, according to a recent report from the Prime Minister’s Office. […]
Read MoreMANILA, Philippines — Private companies relied more on foreign currency (FCY) bonds for their financing needs last year, reducing their exposure to the local currency (LCY) bond market. In a report, the Department of Finance (DOF) said corporate LCY bond issues fell by nearly 12 percent to P1.42 trillion last year from P1.61 trillion in […]
Read More
Thailand
