Thailand’s banking sector has been disrupted yet again, but this time it’s not a sophisticated new technology creating turbulence. Rather, it’s a microscopic virus that induces fear of immense collateral damage that could shake the country’s financial pillars to its core. Despite having no locally transmitted infection for more than a month in Thailand, the […]
Read MoreVietnam may have seen an over 50% decline in the number of tourist arrivals over the past five months due to Covid-19 but the situation is only expected to worsen, as the crisis has been forecast to reach its peak in the next few months, with even large travel companies finding it tough to survive. After […]
Read MoreThe US government has provided a total of $56 million to support Cambodia’s social and economy development programme in 2020, including $18 million to promote the Kingdom’s agriculture sector, according to a joint statement. The Cambodian government, through the Council for the Development of Cambodia (CDC) and the US government, through the US Agency for […]
Read MoreThe COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity. According to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor, Vietnam’s local currency bond market posted a healthy 9.5 […]
Read MoreWhile Laos has been promoting a one-stop investment service for many years, lawmakers admit that the reality remains a tedious process mired in bureaucracy. Speaking at the National Assembly’s ninth session yesterday, Deputy Prime Minister Dr. Sonexay Siphandone expressed his dissatisfaction that investors still need to obtain approval from each line ministry responsible for a […]
Read MoreTourism operators are urging the government to hasten bilateral agreements with 20 low-risk provinces in China for a possible reopening to foreign travellers in the second half of the year. Vichit Prakobgosol, president of the Association of Thai Travel Agents (Atta), said a speedy decision on the matter could cushion the impact on the tourism […]
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