About 70 percent of Cambodians have access to financial services, with more than 8.6 million e-wallet account holders at the end 2021, according to the National Bank of Cambodia (NBC). “Cambodians have access to official financial services when people receive one of our four financial services, including credit, deposits, money transfers and digital payments,” said […]
Read MoreTechnology applications have played an important role in helping the food and beverage (F&B) market in Vietnam get back on track after two years of challenges due to the pandemic, experts have said. As one of the most promising markets with rapid growth in Asia, Vietnam has always been an attractive destination for investors, especially in F&B. In today’s rapidly evolving and […]
Read MoreThe table below shows that last week, the Philippine peso was Asia’s best-performing currency. It closed at 51.67 last Friday, gaining 0.92 percent against the US dollar. The peso strengthened after the BSP signaled it would begin raising monetary policy rates in the second half of this year. It also appreciated as oil prices eased […]
Read MoreA recent study published by nature.com showed that global demand for rice is expected to increase 30 percent by 2050, however, with a “limited scope available for other main rice-producing countries such as China and India”, it will become incumbent on the countries such as Cambodia, Myanmar, Philippines, Thailand, Indonesia and Vietnam to close the […]
Read MoreThe baht opened at 33.48 to the US dollar on Monday, weakening from Friday’s close of 33.46. The Thai currency is expected to move between 33.40 and 33.60 during the day and between 33.20 and 33.80 during the week, Krungthai market strategist Poon Panichpibool said. Poon said that the baht is likely to swing widely […]
Read MoreVietnam has with a low per capita income in Southeast Asia, but the ratio of tax revenue to GDP is very high. High taxes and fees have become a burden for people and businesses. The tax rate on petrol prices is a clear demonstration of the tax burden on Vietnamese. Currently, gasoline and oil is […]
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Thailand
