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Search Result for “Cambodia foreign debts”

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THAILAND

Abhisit sees entertainment complexes as slippery slope

News, Aekarach Sattaburuth, Published on 09/04/2025

» Former prime minister Abhisit Vejjajiva has expressed his opposition to the bill proposing the establishment of integrated entertainment complexes that include casinos, citing concerns about the social and economic impact.

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OPINION

Thaksin vies for top spot with PM

News, Veera Prateepchaikul, Published on 27/01/2025

» You can call Thaksin Shinawatra a former prime minister and de facto leader of the Pheu Thai Party and, lately, also de facto prime minister, as you wish -- because none of those names are wrong. It would, however, be fiercely denied by the guardians of Prime Minister Paetongtarn Shinawatra, who insist she is still in charge of the government and running the country.

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THAILAND

Siam City Cement Group (SCCC) Reports Strong Q3 2024 Performance with 79% Net Profit Growth

Published on 15/11/2024

» Siam City Cement Group (SCCC) announced an impressive Q3 2024 financial performance, showcasing a substantial YoY net profit surged by 79% to THB 790 million and YoY EBITDA growth at 15%. This growth is driven by lower input costs, successful cost-control measures, efficiency improvements under the Group’s “FIT+” initiative, and a strong recovery in key markets, including Vietnam and Sri Lanka. 

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WORLD

Chinese offshore gambling workers to lose Philippine visas as industry folds

South China Morning Post, Published on 05/09/2024

» Tens of thousands of Chinese citizens in the Philippines to help run offshore gambling services stand to lose their work visas by mid-October, as the Southeast Asian country looks to uproot the industry by year's end under growing scrutiny from both Beijing and Manila.

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OPINION

Are casinos a safe bet?

Oped, Editorial, Published on 12/01/2023

» Today, the Lower House will make a decision on whether to endorse a feasibility report that could see the legalisation of casinos -- a policy that is hoped will bring in tax revenue and promote tourism.

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BUSINESS

Bitkub seeks local partner for overseas expansion

Business, Nareerat Wiriyapong, Published on 26/11/2022

» Bangkok-based Bitkub Capital Group Holdings Co has been in talks with prospective local partners in Southeast Asia regarding plans to expand beyond Thailand next year, says founder and group chief executive Jirayut Srupsrisopa.

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WORLD

Inside the 'living hell' of Cambodia's scam operations

AFP, Published on 09/11/2022

» Trafficked, beaten and locked up far from his family in China, Lu was one of thousands of people in Cambodia forced to operate online scams to line their captors' pockets.

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WORLD

Japan probing mistreatment of pregnant foreign trainees

Kyodo News, Published on 20/08/2022

» The Japanese government is conducting a survey to determine whether foreign technical trainees have been forced by employers or intermediary groups to leave the country because they fell pregnant or gave birth.

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OPINION

Casinos need caution

Oped, Editorial, Published on 17/08/2022

» There is an old adage that says, if you cannot beat them, join them. This catchphrase well describes policymakers' attempts to open casinos in Thailand.

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BUSINESS

Year of Turbulence

Asia focus, Published on 27/12/2021

» Pandemic drags on recovery: In the early stages of the Covid-19 pandemic in 2020, many Asian countries had enviable success, avoiding large-scale outbreaks and mass deaths. But the arrival of the more transmissible Delta variant this year and sluggish vaccine rollouts compounded by low availability sent cases surging. Combined with poor monitoring and easy movement among countries, often unofficially, Southeast Asia became a virus hotspot. The ballooning health crisis collided with churning political discontent in the case of Myanmar, Thailand and Malaysia. Economically, the new wave of infections, and attendant restrictions imposed to curb the spread, stalled recoveries. After nearly two years of strict border controls, many countries started to loosen up and live with Covid. But the rise of the Omicron variant now threatens to scuttle those tentative reopening plans and usher in a third year of economic anxiety.