Vietnam’s large stockpile of coffee beans is diminishing, a development that is expected to push global coffee prices even higher. Traders surveyed by Bloomberg predict that stockpiles will be cut in half by the end of September compared to the same time last year. Output by Vietnam, the world’s largest exporter of robusta and second-largest coffee grower, […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) and the Cambodia-China Free Trade Agreement (CCFTA), which both took effect earlier this year, have significantly contributed to boosting Cambodia’s economic recovery, a senior official has said. Bun Chanthy, undersecretary of state at Cambodia’s Ministry of Commerce (MoC), made the remarks on Monday during a meeting in Phnom Penh […]
Read MoreThe prospect for bank mergers and acquisitions in Vietnam is accelerating, notably the purchase of struggling credit institutions for the sake of reorganisation. HDBank’s Board of Directors last week published a document to collect written opinions from shareholders on participating in a credit institution restructuring programme. Specifically, HDBank would contribute up to $391.3 million to […]
Read MoreKUALA LUMPUR: The Covid-19 pandemic has set back the fight against poverty in Asia and the Pacific by at least two years, and many people in the region will likely find it harder than before to escape poverty, according to the Asian Development Bank (ADB), Bernama reported. In its key Indicators for Asia and Pacific […]
Read MoreThailand expects 4.5 million foreign tourists will have visited by the end of August this year as entry rules were eased to support the vital tourism sector, government spokesperson Anucha Burapachaisri said on Thursday. Between Jan 1 and Aug 16, there were 4.02 million foreign tourists, led by visitors from Malaysia, India, Laos, Singapore and the […]
Read MoreThe development of National Road 67 (NR67), connecting Cambodia and Thailand, is expected to enhance the trade, tourism and investment ties between the neighbouring countries. According to reports, the Cambodian and Thailand governments agreed to develop the NR67, linking Cambodia’s Anlong Veng in Oddar Meanchey and Chong Sa-Ngam in Sisaket’s Phu Sing district of Thailand. […]
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