THE US Federal Reserve and other major central banks announced on Sunday a coordinated effort to improve banks’ access to liquidity, hoping to calm worries rattling the global banking sector. The special drive was to be launched Monday by the Fed and the central banks of Canada, the United Kingdom, Japan, the European Union and […]
Read MoreCambodia, China, Malaysia, and Indonesia have agreed to set up a joint standard for bird nests for the Chinese market, aiming to build confidence among customers and boost exports. The agreement was made at a meeting in Beijing last week with representatives of bird nest associations from Malaysia, Indonesia, Cambodia, and China, said Va Sochin, […]
Read MoreThailand’s central bank on Monday repeated that it expected only a small impact on the country’s financial system and financial markets from the problems at banks in the United States and Europe, and would closely monitor the situation. The Thai banking sector has a low number of transactions involving the troubled banks, and the sector is […]
Read MoreTHE Bangko Sentral ng Pilipinas (BSP) on Monday reiterated the stability of the Philippine banking system following the collapse of two US banks. Local banks are “strong and prepared to withstand possible shocks” and also have asset bases significantly different from those of US banks, the BSP said in notes sent to President Ferdinand Marcos […]
Read MoreThe arrival of tourists through waterways in Cambodia is on the rise this year. So far, four large cruise ships have arrived this year, but many more are scheduled to make port calls on in the coming months. The latest to arrive at the Sihanoukville Autonomous Port has been the MV Seabourn Encore of the […]
Read MoreKUALA LUMPUR: Vehicle sales in Malaysia jumped 39 per cent to 62,649 units in February this year against 45,062 units during the same month last year due to delivery of backlog orders, according to the Malaysian Automotive Association (MAA). In a statement today, the association said the total industry volume for February 2023 was 27 […]
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Thailand
