THE risk of bailing out state-owned enterprises (SOEs) could put pressure on national balance sheets in emerging and “frontier” markets in South-east Asia, Moody’s Investors Service has warned in a report. The threat comes mainly from so-called implicit liabilities, where governments are not contractually on the hook for debt but could still be pushed to […]
Read MoreBinh Tien Imex Corp, Pte, Ltd (Biti’s), one of the leading footwear manufacturers in Vietnam, has opened its first store in Cambodia. Biti’s first Cambodia outlet is located in the downtown area of Phnom Penh. The opening marks the launch of the company’s Cambodian subsidiary, known as Biti’s Cambodia, according to Vietnamese media outlets. The […]
Read MoreThe Central Bank of Myanmar (CBM) is planning to take additional measures to further stabilise the foreign exchange market, vice governor U Soe Min said in Parliament on Monday. The new measures may include it intervening in the foreign exchange market, the Myanmar Times understands. The move comes on the back of a recent bout […]
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Thailand
