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Cambodia: Change in Thai energy minister may finally see resumption of talks with Cambodia after 20-year delay

Talks to end the long-running conflict between Thailand and Cambodia, which both nations claiming ownership of offshore petroleum blocks in their overlapping maritime territories is finally expected to resume after a delay of 20 years. Outgoing Energy Minister Sontirat Sontijirawong said this when bidding farewell to Thai energy ministry executives after resigning from the Thai […]

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Thailand: GSB mulls extending debt moratorium measure

The Government Savings Bank (GSB) is considering extending the debt moratorium measure due to end in September as most customers are still reeling from the Covid-19 impact. The bank’s board meeting held on Monday discussed extending the debt moratorium that has been in place since April, said GSB president and chief executive Vitai Ratanakorn. The extension […]

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Assets of Philippine banks breach P19 trillion in end-May

MANILA, Philippines — Assets of Philippine banks posted a double-digit growth in end May as the COVID-19 pandemic continued to threaten economies and financial systems around the world. Data from the Bangko Sentral ng Pilipinas (BSP) showed total resources of the Philippine banking system reached P19.14 trillion in end May, or P1.69 trillion higher than […]

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