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Thai lenders step in after Myanmar blocks foreign currency repayment

Thai lenders step in after Myanmar blocks foreign currency repayment

Thai businesses operating in Myanmar have been advised to seek funding sources in Thailand or other countries after the Central Bank of Myanmar (CBM) suspended loan repayment in foreign currencies.

Bangladeshi man accused of theft of Bt12.65 million worth of foreign currencies

A Bangladeshi man has been arrested at the Suvarnabhumi Airport on Monday with Bt12.65 million worth of foreign currencies in his luggage that he allegedly stole from a foreign businessman.

Unloved kip stays on outer despite Lao push

THURSDAY, MARCH 01, 2018

MANY BUSINESSPEOPLE and ordinary savers still deposit money in foreign currencies despite increased efforts by the Bank of the Lao PDR to promote the use of the national currency, according to data from the central bank.

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