[YANGON] Myanmar’s currency has lost more than 60 per cent of its value since the beginning of September in a collapse that has driven up food and fuel prices in an economy that has tanked since a military coup eight months ago. “This will rattle the generals as they are quite obsessed with the kyat […]
Read MoreThe travel industry looks set to lose another high season after the latest tourism confidence index hit an all-time low, despite Thailand’s reopening plans and domestic stimulus campaigns. According to the Tourism Council of Thailand (TCT)’s quarterly survey, the tourism confidence index in the third quarter hit a historic low of 7 out of 200. […]
Read MoreThe National Bank of Cambodia has issued a notice to banks, microfinance institutions and money changers to participate in the bidding for US $ 20,000,000 on September 30, 2021. According to the National Bank of Cambodia, the dollar auction is to keep the riel and the dollar stable on the market. The minimum bid rate […]
Read MoreKUALA LUMPUR, Sept 29 — Bursa Malaysia remained in the negative territory at mid-afternoon today on persistent selling in selected heavyweights, mirroring the weaker sentiment in the regional equity markets, dealers said. At 3pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) shed 5.12 points to 1,541.70 from yesterday’s close of 1,546.82. Market breadth was […]
Read MoreA RECORD number of investments poured into South-east Asian startups in the first half of this year, although total capital invested fell as investors focused on smaller deals in the region’s fast-growing tech sector. The number of investments made hit a record high of 393 in the first half, well ahead of the 327 investments […]
Read MoreThe World Bank has suggested the Vietnamese Government early devise back-up plans in case the COVID-19 pandemic could last one or two more years, and conduct vaccination in parallel with testing to control the pandemic and mitigate its economic loss. In its September report, the bank said while travel restriction could be maintained, it should be done […]
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