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Thailand: BoT sets 2 paths for household debt

A central bank economist forecasts a crossroads for the country’s household debt over the next four years, either rising to 92.8% of GDP or declining to 79.1%. If Thai household debt grows at 1.2 times GDP, average growth over the past five years, the country’s household debt will increase to 18.1 trillion baht or 92.8% of […]

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Vietnam faces shortage of cold storage warehouses

The growing tendency of consumers shopping online globally has led to a sharp demand for cold storage warehouses, but investment in cold storage facilities remains modest. Cold storage warehouses adjust temperature and humidity to prolong the life of some kinds of products, including perishables such as food, cosmetics and vaccines. There are three cold storage […]

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Cambodia: Insurance penetration less than 1 percent in kingdom

The insurance sector in Cambodia proved resilient in 2020 despite the pandemic, with total gross premiums nationwide increasing by 7.8 percent to $264.9 million. However, there remains ample room for growth, as Forte Insurance Group Chief Executive Officer Youk Chamroeunrith told Khmer Times that insurance penetration in the country is still at less than 1 percent. According […]

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