Brunei Darussalam was ranked 12th in the Refinitiv Islamic Finance Development Report 2021: Advancing Economies, in terms of overall development in the Islamic finance industry out of 135 countries being assessed. The report revealed that based on 2020 data, Brunei Darussalam achieved 34 points in the Islamic Finance Indicator (IFDI), while the global average indicator […]
Read MoreThai Chamber of Commerce (TCC) chairman Sanan Angubolkul urged the government to declare Covid-19 as endemic faster in a bid to draw more tourists to Thailand. He made the remark during a seminar organised by Thansettakij and Krungthep Turakij on Wednesday. Sanan said the chamber expected the price of crude oil this year to move […]
Read MoreThe Cambodian government has issued an inter-ministerial prakas publicising the new formula with which ministries will adjust the retail price of fuel in the Kingdom to better reflect international rates and thereby maintain stability in oil supply. The Ministry of Economy and Finance, Ministry of Commerce and the Ministry of Mines and Energy on March […]
Read MoreTHAILAND is heading for a rare back-to-back current-account deficit as the outlook for tourist arrivals becomes less rosy with a flare-up in Covid cases globally and energy import bills ballooning amid soaring oil prices. The net oil importer may post a shortfall of US$4.6 billion this year, according to Bank of Ayudhya, which previously estimated […]
Read MoreSINGAPORE, March 24 — Singapore is easing more Covid-19 curbs including lifting most restrictions for fully vaccinated visitors arriving in the country and dropping requirements to wear masks outdoors, Prime Minister Lee Hsien Loong said in a speech today. Singapore was one of the first countries to shift to a strategy of living with Covid-19, but had to […]
Read MoreThe Cambodia-Korea free trade agreement (CKFTA) and the Regional Comprehensive Economic Partnership (RCEP) will boost trade and investment between Cambodia and South Korea. The bilateral trade and investment agreements will boost the two-way trade volume, said Prime Minister Hun Sen at the inauguration ceremony of the National Road 21, built with a concessional loan of […]
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