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Gold glitters as cash-strapped Thais sell jewellery

Thais are flocking to Bangkok’s Chinatown to sell their gold jewellery as the price of the precious metal spikes and the economy tanks due to the coronavirus pandemic. Gold surged to a seven-year high on Tuesday to US$1,731.25 an ounce, following global moves led by the US to reinflate economies with trillions of dollars of […]

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Stormy skies for airlines in Cambodia

The COVID-19 pandemic is driving the airlines, hospitality, restaurants and related support industries to the brink. Amid all these, Cambodia Angkor Airline the national carrier of Cambodia, a Cambodia, Vietnam Airline joint venture, is facing turbulent times with the minority partner putting its stake for sale, including its five aircraft. Sin Chansereyvutha, spokesman of the […]

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Thailand: Commerce Ministry ready to haggle

The Commerce Ministry is scheduled to meet manufacturers, modern trade operators and department stores on Thursday to ask for cooperation on lowering prices of essential goods for consumers, with a focus on food and daily use products to reduce the cost of living for people hurt by the pandemic. Local diesel prices, which is a […]

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