Indonesian foreign debt climbs, long-term debt dominates MONDAY, 20 JUNE 2016 – Indonesia’s foreign debt has climbed by 6.3 percent year-on-year (yoy) in April 2016 to US$319 billion, as public-sector debt soared, while private debt declined. Most of the increase came from long-term obligations. Bank Indonesia (BI) reported that long-term external debt grew by 8.3 […]
Read MoreBI expects consumer prices to rise 0.6% this month FRIDAY, 17 JUNE 2016 – Bank Indonesia (BI) forecast monthly inflation of 0.6 percent in June on the back of increasing prices of basic commodities during Ramadhan. BI’s inflation assessment division head Rizki E. Wimanda said inflation was driven by rising prices of staple food, especially […]
Read MoreThai Bilateral Trade Falls TUESDAY, 21 JUNE 2016 – Bilateral trade between Cambodia and Thailand fell by about 15 percent in the first four months of the year, compared to the same period last year, due to the Kingdom’s decreasing imports of oil, food and beverages from its neighbor. Jiranun Wongmongkol, Minister Counsellor (Commercial) of […]
Read MoreOne Visa for CLMVT TUESDAY, 21 JUNE 2016 – Moves for a single visa for the CLMVT countries ? comprising Cambodia, Laos, Myanmar and Thailand ? gained momentum at the sub-region’s Forum 2016 in Bangkok last week, according to a report in the Bangkok-based The Nation newspaper. The CLMVT Forum 2016 hosted by Thailand’s Ministry of […]
Read MoreElusive trade target with Vietnam renewed FRIDAY, 17 JUNE 2016 – Cambodia and Vietnam released a joint statement yesterday saying that the two countries would review their existing policies in order to achieve the $5 billion in bilateral trade they had hoped would be realised by 2015. The announcement came as the newly-appointed Vietnamese president, […]
Read MoreOil and Gas Imports Fall: Ministry FRIDAY, 17 JUNE 2016 – The Kingdom’s petroleum and gas imports fell in the first quarter of this year due to waning consumer and business demands, according to the Ministry of Commerce. However, a large petroleum, lubricants and oil importer said the fall in gas imports was just relative […]
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