The possibility of banking and financial service consumers’ failures to make required interest or principal repayments on debts has been manageable for banks and microfinance institutions (MFIs) respectively in Cambodia even though the credit default indicator increased in 2022 compared to the previous year, an NBC report said. The annual banking supervision report issued by […]
Read MoreAccording to EIU, Việt Nam, along with Thailand and India is the Asian countries that have improved their ranking the most over the past year. HÀ NỘI — Việt Nam jumped 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings which measure the attractiveness of doing business in 82 countries with 91 crucial indicators. According […]
Read MoreFinance Minister Arkhom Termpittayapaisith has refused to take a stance on whether the diesel excise tax cut needs to be extended, saying it depends on global oil prices. The cabinet of outgoing Prime Minister Prayut Chan-o-cha extended the excise tax cut on diesel of 5 baht per litre until July 20 to help ease the […]
Read MoreINDONESIA has lifted a 20-year-old ban on sea sand exports, a copy of a government regulation showed. The measure could help land-expansion projects in neighbouring Singapore, but there is concern among environmentalists about marine habitats. Indonesia first scrapped sea sand exports in 2003 and reaffirmed that in 2007, in a move against illegal shipments. Before the […]
Read MoreKUALA LUMPUR: Public Investment Bank Bhd has estimated that eliminating fuel subsidies for the Top 20 per cent income group earners (T20) will increase inflation by an additional 0.45 to 0.75 percentage points annually. Although headline inflation which includes food and energy prices had exhibited a downward trajectory primarily driven by the tempering of various […]
Read MoreSome 70% of consumers in Asia-Pacific are willing to increase their spending on health and wellness as they become more health-conscious following the pandemic, according to a recent survey. The Asia-Pacific Health Priority Survey, conducted by the US supplement distributor Herbalife, found interest in health improvement is most apparent in Southeast Asia, especially in Thailand, Indonesia, the […]
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Thailand
