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Asean urged to improve emergency food aid program

MANILA, Philippines — The Association of Southeast Asian Nations (ASEAN) needs to enhance coordination and response to emergency food aid requirement using its rice reserves especially in times of calamities, according to a new policy brief by the Asian Development Bank Institute (ADBI). In a recently published brief titled “Building Food Security in Asia through International Agreements on Rice Reserves,” the […]

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ThaiBev to ramp up Vietnam operations

AFTER posting disappointing Q3 results on Tuesday, Thai Beverage (ThaiBev) said on Wednesday evening it continued to remain optimistic about its growth in the upcoming quarters. It cited plans to double down on the Vietnam beer market as well as pinning its hopes on the upcoming Thai elections, expected to happen early next year, giving […]

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Higher incomes prompting more Cambodians to travel

The number of outbound Cambodian travellers has increased by 14.5 during the first half of the year due to higher incomes in the country and a more crowded aviation market, according to the latest report from the Ministry of Tourism. During the first six months of the year, more than 960,000 Cambodians travelled abroad, a […]

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High return draws private equity investments to Vietnam

Vietnam is emerging as one of the world’s hottest markets for private equity investments thanks to its high rate of return, driven by the country’s rapidly growing economy and the government’s fine-tuned policies. Mekong Capital has recently announced that its Mekong Enterprise Fund II (MEF II) has successfully divested 100 percent of its final remaining […]

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KBank: Turkish crisis good for Thai bonds

Turkey’s currency crisis may create an opportunity for foreign investors to snap up Thai bonds because Thailand’s low inflation supports bond investment returns, says Kasikornbank (KBank). “Some fund managers that lack discernment may not realise that this is a good opportunity to pick up Thai asset classes that have strong fundamentals and satisfying returns,” said Kobsidthi Silpachai, […]

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