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Thailand – PTT: Oil at $90 in 2023

Global crude oil prices are expected to keep decreasing to US$85-95 a barrel next year when the world economy slows down, according to analysts of national oil and gas conglomerate PTT Plc. The price range, which is based on the Dubai reference price, remains high compared with an average price of $99 this year and […]

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Vietnam: Bad debts situation getting worse

Bad debts always come hand in hand with business activities of all commercial banks. The rise in bad debts in the post-pandemic period is still not under control but has now been offset by recent adverse market movements. It seems that the pressure on banks to handle bad debts will become heavier when the loans […]

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BRI, RCEP ‘set to boost Cambodia-China ties’

The relationship between Cambodia and China is set to grow further thanks to several initiatives, including the Belt and Road Initiative (BRI), Global Development Initiative (GDI), Regional Comprehensive Economic Partnership (RCEP), and the Cambodia-China Free Trade Agreement (CCFTA), experts said during a webinar yesterday. The second China-Cambodia Economic and Trade Cooperation Forum was organised by […]

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