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Thailand: Office predicts oil prices already peaked

Global oil prices are estimated to have peaked last month, with prices likely to decline as the winter, which typically increases energy consumption, ends early next year, says the Oil Fuel Fund Office (Offo). Wisak Watanasap, director of the Offo, said the highest prices for Dubai crude oil were recorded in November at an average […]

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Cambodia: Banking and financial institutions disbursed $44.9 billion in loans, an increase of 23 percent

The National Bank of Cambodia (NBC) said that at the end of the third quarter of 2021, banking and financial institutions provided loans totaling 185.1 trillion riels or about $44.9 billion to agriculture, construction, manufacturing, services, wholesale and retail trade and household units. This accounted for a 23 percent increase when  compared to the same […]

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ADB: Viet Nam’s employment rate fell during pandemic

 The pandemic has taken its toll on Viet Nam’s labour market conditions, according to the report “A crisis like no other: COVID-19 and labour markets in Southeast Asia – Evidences from Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam” published last week by the Asian Development Bank (ADB). According to the report, Viet Nam’s unemployment […]

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