Many businesspeople have complained that they have had to sell cars and fixed assets to maintain operations. Some have even sought capital from black credit sources with exorbitant interest rates. A survey by the National Economics University (NEU) found that businesses are running out of money to cover operation expenses. Many businesses have had to […]
Read MoreThe National Bank of Cambodia has issued a notice to banks, microfinance institutions and exchange traders to participate in the auction of US $50,000,000 for October 12, 2021. According to the announcement of the National Bank of Cambodia, the minimum bidding rate will be announced on the morning of the actual bidding day. The dollar […]
Read MoreMANILA, Philippines — As global oil prices rise, expect a spike in Philippine inflation this month, an international think tank said. In its latest weekly brief, London-based Capital Economics said the increase in energy prices will put upward pressure on inflation across the region. Senior Asia economist Gareth Leather said the impact, however, may be […]
Read MoreSINGAPORE – Private enterprises have a huge part to play in Singapore’s transition towards a low-carbon and climate-resilient economy, said Minister for Sustainability and the Environment Grace Fu on Monday (Oct 11). She highlighted the challenges of climate change which businesses will have to adapt to, such as disruptions to supplies of natural resources, and […]
Read MoreEl Salvador recently became the first country in the world to legalize bitcoin, which will be used to pay for goods and services as well as taxes. According to President Nayib Bukele, El Salvador has bought 400 bitcoins and would buy further. He affirmed that using bitcoin would help this country save US$ 400 million […]
Read MoreMANILA, Philippines — Conglomerates Alliance Global Group Inc. (AGI) and JG Summit Holdings Inc. are betting on the travel and tourism industries to lead their post-pandemic recovery. AGI, through subsidiaries Megaworld Corp. and Travellers International Hotel Group Inc., is engaged in real estate development and tourism-entertainment and gaming, while JG Summit’s businesses include budget airline […]
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Thailand
