The National Bank of Cambodia (NBC) warns that illegal loans adversely affect people’s livelihoods and are a factor that can lead to social insecurity and therefore must be prevented. The warning came after the central bank noticed a recent increase in unauthorised lending to people who are under financial pressure from inflation. To tackle this […]
Read MoreThe global economic slowdown has affected the exhibition business in Thailand as international exhibitors and visitors cut costs and downsize their spaces. Thai Exhibition Association president Pravit Sribanditmongkol said the number of exhibitions in Thailand has recovered to 70% of the level seen in 2019, and is expected to return to normal by the end of […]
Read MoreMore semiconductors are being supplied to the global auto industry, following a decline in demand for chips from the electronics sector, while car exports from Thailand reached their highest level so far this year in September, according to the Federation of Thai Industries (FTI). September auto exports soared by 35.9% year-on-year to 100,389 cars, an increase […]
Read MoreCambodia netted more than $348 million from the export of rubber latex and wood in the first nine months of 2022, falling by nine per cent year-on-year due to downward pressure on global demand, especially from China and Europe, the latter of which has seen many of its markets upended by the fallout from armed […]
Read MoreCooking gas prices will remain unchanged until the end of this year, even though world prices for liquefied petroleum gas (LPG) are falling, as authorities seek to shore up the heavily indebted Oil Fuel Fund. The retail price of cooking gas in Greater Bangkok will stay at 408 baht per 15kg cylinder, the Energy Policy Administration […]
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