The Bank of Thailand and the Office of the Court of Justice have signed a memorandum of understanding (MoU) on mediating legal financial disputes for financially-distressed borrowers and small and medium-sized enterprises (SMEs). The MoU provides a standard of practice for settling disputes such as defaulting on interest payment, stipulating a suitable loan repayment period […]
Read MoreThe number of domestic and foreign tourists visiting the provinces declined drastically last year compared to the same period of 2019 due to the effects of the Covid-19 pandemic. Champassak province received just over 117,000 visitors, down about 90 percent compared to 2019, an official from the province’s Information, Culture and Tourism Department, Mr Soulichan […]
Read MoreVietnam’s internet economy will soon have the scale of $43 billion, and new technology unicorns are expected to appear in the country, according to Do Ventures, a venture fund targeting startups in Vietnam and Southeast Asia. Do Ventures, in its report on the investment potential in Vietnam’s technology sector based on data in 2019 and […]
Read MoreIn the wake of oil production starting in Cambodia, the nation is also placing high hopes of becoming a gold producing country, with the first mining of the precious metal due to start later this year than originally planned. The news was released by Yos Monirath, director-general of mines at the Ministry of Mines and […]
Read MoreKUALA LUMPUR: UOB Asset Management (M) Bhd expects another Overnight Policy Rate (OPR) cut to take place this year if the Movement Control Order (MCO 2.0) is extended beyond Feb 4,2021, or stricter measures are enforced by the government. Chief investment officer Francis Eng said however, a further interest rate reduction would not make Malaysia’s […]
Read MoreJAKARTA: Indonesia has received investment commitments of up to $10 billion from global firms for its ambitious sovereign wealth fund, a senior minister said on Tuesday, ahead of its launch expected this year. The Indonesia Investment Authority (INA) aims to attract foreign funds as co-investors, unlike other sovereign wealth funds set up by more developed […]
Read More
Thailand
