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Cambodia: PM asks Vietnam to resume flights

Phnom Penh has asked Hanoi to resume direct flights between Cambodia and Vietnam to boost tourism between the two countries now that the Covid-19 outbreak appears to be waning. The statement was made during a meeting between Prime Minister Hun Sen and the newly-minted Vietnamese ambassador to Cambodia on November 24 at the Peace Palace. […]

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Philippines: Rice stocks down 26% in October

MANILA, Philippines — The country’s rice inventory continued to drop in October, declining by 26.2 percent, according to the Philippine Statistics Authority (PSA). In its latest rice and corn stocks inventory report, the PSA said total rice stocks inventory stood at 1.95 million metric tons (MT) as of Oct. 1, lower than the 2.6 million […]

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Thailand: Hedge your baht bets

Why should recent baht movements convince investors to hedge their foreign-exchange positions? The short answer is because the Thai baht is very volatile and its recent high volatility is likely to continue in 2022. Considered the worst major Asian currency performer in 2021, the baht depreciated from 29.90 to the US dollar in early January […]

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