WHILE many corporations have taken positive strides to meet sustainability targets, the circular economy does not yet exist. At best, what we have is a “reuse economy” that incorporates recycling but still absorbs additional raw materials. In a world of finite resources coupled with a growing climate crisis that will impact all stages of the […]
Read MoreThe Thai financial system has become more vulnerable due to negative shocks from the recent Covid-19 outbreak, says the Bank of Thailand (BoT). The financial situation of Thai households has become more fragile as reflected in the elevated debt-to-income ratio which is higher compared to other countries. The majority of household debt comprises of personal […]
Read MoreRestructured loans at member institutions of the Cambodia Microfinance Association (CMA) totalled about $1.5 billion as of April, according to the organisation. CMA’s Executive Director Phal Vandy told local media that loans doubled from February to March this year and have increased at an even faster rate since then. Loans extended in April were seven […]
Read MoreThe Philippines has maintained its solid fiscal position by guaranteeing that the government can always afford to pay its foreign borrowings, according to Finance Secretary Carlos Dominguez 3rd. Dominguez was quoted as saying in a statement released by the Department of Finance on Wednesday that foreign borrowings have proven to be an efficient tool for driving economic growth and ensuring […]
Read MoreThe Vietnamese government would offer more incentives for UK enterprises to form linkages with Vietnamese partners in a move to setup new supply chains. Prime Minister Pham Minh Chinh has approved the action plan to realize the UK-Vietnam Free Trade Agreement (UKVFTA). Under the plan, the PM urged ministries and provinces/cities to continue disseminating information […]
Read MoreThe proportion of so-called digital adopters and digital leaders in Thai businesses is expected to rise in the coming years as more than half of all businesses are gradually embracing digital transformation, according to a virtual business seminar held by the country’s largest mobile operator Advanced Info Service (AIS). Digital adopters are defined as businesses […]
Read More
Thailand
