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CAMBODIA holds back on AIIB loans

Cambodia has yet to set its loan application policies to borrow funds from the Asian Infrastructure Investment Bank (AIIB) because the country can still get highly concessional rates from development partners, Minister of Economy and Finance Aun Pornmoniroth said. Mr Pornmoniroth said at a meeting with AIIB president Jin Liqun at the sidelines of the […]

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Laos: Private investment needed to drive growth: economists

Economists have cautioned that cutting spending could impact Laos’ economic growth, so the government needs to further create favourable conditions to strengthen the private sector. According to the government’s recent report, investment by domestic and foreign businesses represented more than half the entire investment driving the country’s economic growth. A senior economist at the National […]

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Brunei: Local Agricultural Produce Can Limit Imports

Brunei’s reliance on import of fruits and vegetables increases due to insufficient local farmers to produce agriculture produce. The issues brought forwards during a business matching session between local importing companies and farmers at Ministry of Primary Resources and Tourism (MPRT) yesterday. The session was one of the initiatives to support its Strategic Plan 2016-2020, […]

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