The National Bank of Cambodia’s (NBC) announcement yesterday that it plans to phase out the use of the $1, $2 and $5 banknotes by August 31, has confused the local community with many believing the notes are being “banned”. Khmer Times was told by market traders in Phnom Penh’s Kandal Market today that they did […]
Read MoreThailand may lose up to 14.4 million jobs in the second and third quarters, largely because of the coronavirus outbreak and widespread drought, says the government’s planning unit. Of the total, some 8.4 million workers are estimated to be at risk of job loss, 2.5 million of whom are in the tourism sector (excluding retail […]
Read MoreA committee evaluating the easing of lockdown measures has proposed extending the opening hours of shopping malls and shortening the curfew period next month, according to a source at Wednesday’s National Security Council (NSC) meeting. The next stage of the loosening of the coronavirus lockdown could happen if the kingdom continues to record low numbers […]
Read MoreBEIJING – China will soon relax its border controls for Singapore and several countries, allowing certain categories of people to travel to some cities. Chinese state media on Wednesday (May 27) reported that the Civil Aviation Administration of China (CAAC) will let domestic and foreign airlines apply for “green channels” for chartered flights to airports in the […]
Read MoreThe e-payments space has been one to watch during the past 10 years in Myanmar, with Onepay’s interbank app being the most recent innovation to reach the market. Launched earlier this month, Onepay’s mobile platform allows users to transfer funds among seven local institutions – Asia Green Development Bank (AGD Bank), Ayeyarwady Bank (AYA Bank), […]
Read MoreECONOMIC activity has begun to recover in Vietnam, Malaysia, and Thailand as Covid-19 lockdowns are lifted, said Maybank Kim Eng economists in a May 27 report. Vietnam was the first Asean country to start unwinding lockdown measures on April 23, followed by Thailand and Malaysia in early May. The Philippines began loosening measures on May […]
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Thailand
