Singaporean Club Cambodia has asked the minister of transport of Singapore to negotiate a two-way air travel bubble or so-called green lane arrangement with Cambodia. A letter was sent by Albert Tan, president of Singapore Club Cambodia, to Ong Ye Kung, the island nation’s minister of transport, stating that the Singaporean community in Cambodia wanted […]
Read MoreThe number of Myanmar’s exports to the neighbouring countries through border trade showed a decrease of US$66.57 million in the last financial year 2019-2020 compared with the FY2018-2019, resulted from the trade suspension and closure of border crossings as a precautionary restriction measure for the COVID-19. The export through border trade reached $7.152 billion in […]
Read MoreBangkok Bank (BBL) expects tier-one capital will return to a normal ratio of 18% this year after issuing adequate tier-one capital (AT1) last month. The capital buffer should be sufficient to cope with the prospects of higher non-performing loans (NPLs) and economic uncertainties for the next three years, said executive chairman Deja Tulananda. The banking […]
Read MoreMANILA, Philippines — Multilateral lender International Monetary Fund (IMF) said the Philippines is expected to suffer the biggest blow from the coronavirus disease 2019 or COVID-19 pandemic in the region with a deeper economic recession this year despite the projected less severe global contraction. Yongzheng Yang, IMF resident representative to the Philippines, said the country’s […]
Read MoreThe Hanoitimes – While Vietnam is at risk of being listed as currency manipulator by the US, such a risk appears low, as the US will likely continue to reduce its dependence on Chinese exports by reorganizing its supply chain with other partners. In the short-term, the State Bank of Vietnam (SBV)’, the country’s central bank, […]
Read MoreJAKARTA: The Indonesian rupiah has languished at the bottom of Asian currency rankings for most of the year but a recent overhaul of the nation’s investment law may help revive its fortunes. The rupiah rose about 1% against the dollar last week after Indonesia approved its first omnibus law aimed at cutting red tape to […]
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Thailand
