The cabinet on Tuesday approved a proposal to loan Cambodia 983 million baht to fund a new road construction project, said deputy government spokeswoman Traisuree Taisaranakul. The Budget Bureau will from 2024 until 2026 supply the first half of the road construction loans, 491.50 million baht, while the rest will come from overseas funding sources, […]
Read MoreVietnam’s tourism sector is set to witness strong growth in the next five years, with international tourism arrivals expected to surpass pre-pandemic levels in 2024, according to The Business Times of Singapore. The daily cited Fitch Solutions’ latest report as saying that Vietnam’s tourism sector is forecast to record 11.1 billion USD in revenue in […]
Read MoreMANILA, Philippines — A limited lifting of the bank secrecy law would increase the Philippines’ chances of getting an early exit from the gray list of Paris-based Financial Action Task Force (FATF), according to the Bangko Sentral ng Pilipinas. BSP senior assistant governor and general counsel Elmore Capule told the Senate committee on banks, financial […]
Read MorePublicly-listed Phnom Penh Autonomous Port (PPAP) reported $20 in revenue for the first semester of 2022, up 35 per cent over the same period last year. The growth in exports of garment products and agricultural products to the international market pushed the port’s revenue growth, said Hei Bavy, Chairman and CEO of the port. “Phnom […]
Read MoreAs Thai workers feel the pinch of soaring living expenses, the government has announced plans to raise the daily minimum wage by October to help alleviate the burden. However, some analysts argue the key to raising the quality of the Thai workforce lies in productivity. Q: What are the details of Thailand’s minimum wage increase? The […]
Read MoreKUALA LUMPUR: The heavy emphasis on environmental, social and governance (ESG) standing of countries implies that corruption levels have a high correlation to a country’s inflation and exchange rates today, say analysts. This is more pertinent and obvious especially for a trading nation such as Malaysia. Exchange rates are influenced by financial flows, which are […]
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Thailand
