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Vietnam to become leader in global blockchain industry

Huy Nguyen, vice chairman of the Vietnam Blockchain Association, said Vietnam has become an emerging market for blockchain thanks to its achievement in digital transformation and digital economy. With the boom in blockchain technology and speedy digital transformation, Việt Nam has great potential for blockchain development to compete in the global market, speakers said in […]

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Steel sector keeping tabs on Myanmar

Thai steel manufacturers have fresh concerns over the impact of the suspension of foreign loan payments in Myanmar on steel exports to Myanmar. Myanmar’s central bank instructed companies and individual borrowers to suspend paying principal and interest to foreign lenders in a move to slow the country’s decreasing foreign exchange reserves. Authorities ordered companies with […]

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Singapore hotel room rates at 6-year high

SINGAPORE: Hotel room rates in Singapore surged last month to the highest in almost six years as tourism makes a dramatic recovery in the city-state after the government eased coronavirus measures. The average daily rate in June was S$238.32 (US$171 or 6,290 baht), the highest since September 2016, according to data from the Singapore Tourism […]

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Cambodia’s export to other RCEP countries up 10 pct in H1

Cambodia’s total export to other member countries of the Regional Comprehensive Economic Partnership (RCEP) totaled 3.28 billion U.S. dollars in the first half of 2022, up 10 percent year-on-year, a report of the Ministry of Commerce said on Thursday. During the January-June period this year, Cambodia’s top three export destinations were Vietnam, China and Japan, […]

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Laos: Govt pledges to stabilise macro economy

The government has vowed to stabilise the macro economy and currency exchange rates, reaffirming that it won’t allow the country to slide into debt default. The pledge came at the close of the two-day open government meeting which ended on Friday. The need to resolve the public debt was one of the 13 significant tasks […]

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