The National Bank of Cambodia (NBC) is continuing to accept small denomination US banknotes ($1, $2 and $5) “free of charge” from financial institutions, despite the August 31 deadline it had set out in May. The NBC made the comments as Cambodia’s largest microfinance institution, Prassac, announced internal discussions to deliberate the swapping of the […]
Read MoreThe consumer price index (CPI) fell 0.70% year-on-year in September, the Commerce Ministry said on Monday. The ministry said low energy prices and electricity bills had contributed to the 0.7% decline of the headline inflation, compared with the same period of last year. Core inflation, another gauge which excludes volatile food items and energy prices, […]
Read MoreMANILA, Philippines — Chronic weakness in global trade amid the pandemic continued to weigh on revenues generated by the Bureau of Customs, although collections were still enough to exceed the government’s tempered target in September. Customs raised P50.2 billion last month, beating the government’s downwardly revised P37.7-billion collection target by 33.2%, the agency said in […]
Read MoreThe Hanoitimes – The detail of the investigation is scheduled to be made public this week. The Office of the US Trade Representative (USTR) last Friday announced its decision to initiate an investigation to determine whether an undervalued Vietnamese dong (VND) may cause negative impacts on US commerce. Additionally, the USTR will also review Vietnam’s acts, […]
Read MoreThe Foreign Ministry on Saturday clarified the details of the Special Tourist Visa (STV) for long-stay tourists, saying the most important requirement for all applicants is they must be coming from low Covid-19 risk countries. The STV scheme is a part of the state’s bid to revitalise the economy. Prospective STV applicants are being advised […]
Read MoreBank of Ayudhya (BAY), branded as Krungsri, is focusing on regional markets for its medium-term business plan as it seeks S-curve growth. In Asean, Krungsri has a presence in Cambodia, Laos, Myanmar, Vietnam, the Philippines and Indonesia under different business models and strategies. Krungsri is Thailand’s fifth-largest commercial lender by total assets, has conducted its […]
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