Prime Minister Hun Sen yesterday said that the dependency of riel on foreign currencies is not a big issue, even though their circulation in the economy has experienced some minor impacts from the financial or economic crises that have happened in the regional and global contexts recently. He made these remarks while interacting with more […]
Read MoreThe Federation of Thai Tourism Associations (Fetta) is hoping its revival will allow for a more flexible workflow and agenda-based development, after seven tourism associations recently quit the Tourism Council of Thailand (TCT) and joined Fetta. Adith Chairattananon, Fetta representative and honorary secretary-general of the Association of Thai Travel Agents (Atta), said the federation will drive policies […]
Read MoreRapid rise in illegal lending during the pandemic as well as the post-pandemic period has created new challenges before the microfinance sector, especially in rural areas, according to the latest study carried out by a group of researchers on informal debts and microfinances in Cambodia. The study sponsored by the National University of Singapore also […]
Read MoreIn face of the economic crisis, finding cash flow to survive is of top priority for businesses. This has also led to the increasing tendency of M&A (mergers and acquisitions) of businesses. The increasing tendency of M&A (mergers and acquisitions) of businesses such as project transfer, stock sales or asset sales has been taking place […]
Read MoreMyanmar’s military government has been cracking down on the unofficial foreign exchange market to prevent further depreciation of Myanmar Kyat (MMK). But amidst all interventions, observers worry that a third, parallel market exchange rate may emerge. After the vicious coup d’état by Myanmar’s military in 2021, the junta government decided to set a fixed exchange […]
Read MoreThe Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns. Equities in the region were largely in the red, with shares in Seoul taking the biggest hit, declining 0.8%, while those […]
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