Prime Minister Thongloun Sisoulith told business operators on Friday that it was essential for the public and private sectors to cooperate more closely amid the Covid-19 pandemic to ensure no one is left behind. The premier delivered a motivational address to the 8 th Congress of the Lao National Chamber of Commerce and Industry (LNCCI), […]
Read MoreBankers are optimistic that rising bad debts driven by Covid-19 are manageable, though the second phase of the moratorium offered by many banks will end next month. They estimate non-performing loans (NPLs) to rise to 5 per cent by the end of this year, up from 3 per cent at the end of last year. […]
Read MoreAs businesses in Vietnam race to provide financial services for the unbanked and underbanked population through various fintech solutions, the Vietnamese government is closely following this industry trend and has initiated a pilot scheme for mobile money. In May the government approved Resolution No.84/NQ-CP on tasks and solutions for dealing with difficulties in business operations, […]
Read MorePrime Minister Hun Sen is encouraging the development of rural tourism to promote new tourism products, rural skills and create jobs because the sector is currently seriously affected by the COVID-19 pandemic. The premier’s call was made on World Tourism Day yesterday under the topic of Tourism and Rural development. He said the government has […]
Read MoreA few days ago, I chatted with the owner of a popular Indian banana leaf eatery. There was the usual lunch time crowd, all the tables were full and a line was forming outside waiting for tables to be cleared. I was surprised to be told that his business has only recovered to 70% of […]
Read MoreCompetition in the country’s parcel delivery business is not merely a red ocean market, it’s bright red as China-based delivery companies parade into the 66-billion-baht market with massive investment to combat their rivals. Thailand Post Co, despite its pedigree for providing mail and postcard delivery as well as money order services, is now thriving in […]
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Thailand
