Experts said a law on bad debt settlement should be put in place before two regulations expire in six months. Can Van Luc, chief economist at BIDV, is concerned that Circular No.14 and Resolution No.42, which regulate bad debts in the banking system, will soon expire. He believes a law on bad debt settlement should […]
Read MoreThe government should offer another temporary excise tax cut of three baht on benzine to ease the financial burden from soaring global oil prices caused by the Russia-Ukraine clash, says a Thammasat University economist. The Dubai reference price stood at US$98.8 a barrel on Thursday as news of the Russian invasion spread. The price in […]
Read MoreCambodia and south China’s Guangxi Zhuang Autonomous Region have signed a memorandum of understanding on trade promotion, aiming at further boosting bilateral trade volume, the Cambodian Commerce Ministry said in a statement on Friday. The deal was inked on Thursday via video link between the Commerce Ministry’s general directorate of trade promotion and the Guangxi […]
Read MoreSINGAPORE’S international visitor numbers tumbled in January on the month before, as border restrictions were tightened amid the global spread of the Omicron variant. Meanwhile, hotel revenue fell by 23.1 per cent month on month to S$101.2 million, from S$131.6 million previously – though industry takings were still up by 43.9 per cent year on […]
Read MoreThe baht opened at 32.48 to the US dollar on Friday, strengthening from Thursday’s close of 32.60. Krungthai Bank forecast the Thai currency would move between 32.35 and 32.65 during the day. The baht was likely to fluctuate in a wide range due to the Russia-Ukraine crisis and the Omicron situation, it said, adding that […]
Read MoreCambodia’s progress towards gender equality is paying off, with more and more women joining the business sector helping to lift the socioeconomic status of females. Apsara Media Services (AMS) executive director Nouth Roatha believes Cambodian women are beginning to make headlines in the business sector – fearlessly exploring hitherto unknown territories such as the financial […]
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