MANILA — The Philippine economy grew at a sizzling pace in the second quarter, topping expectations as a government-led construction boom and an extended rebound in the farm sector took some of the sting off a peso currency wallowing at 11-year lows. The Southeast Asian nation is the second-fastest growing economy in Asia after China, […]
Read MoreThe number of 7-Eleven convenience stores in Thailand has topped 10,000, achieving the milestone at a faster pace than in Japan, their local operator says. CP All Public Co, under Thai conglomerate Charoen Pokphand Group Co, says the number of 7-Eleven stores totalled 10,007 by the end of June. It took the Thai operator 28 […]
Read MoreThe government has cleared a plan to lower its budget deficit for 2018 but it still requires more funds to repay domestic and overseas loans. The Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, presented the government’s plan to address the deficit at the first joint meeting between the National Assembly’s Eighth Legislature […]
Read More(KPL) Malaysia has been ranked the 4th largest foreign direct investor in Laos following China, Vietnam and Thailand with many Malaysian investment projects reported in hydropower industry and special economic zones. Malaysia Ambassador to Laos Mohd Aini Atan told Mrs Khemmani Pholsena, Minister of Industry and Commerce on Wednesday that Malaysian investors were keen to continue […]
Read MoreIndustrial park operator Phnom Penh SEZ posted nearly a $2 million decrease in revenue for the first half of this year compared to the same period last year, with only 1.1 hectares of land sold across the group’s properties, according to a release on Cambodia Securities Exchange yesterday. Revenues for the company decreased from nearly […]
Read MoreConsumer credit in Cambodia continued to grow during the second quarter of this year, although at a more moderate pace with loan applications decreasing, according to the latest report from the Credit Bureau Cambodia (CBC). According to the report, the total number of consumer loan applications in the second quarter of this year was around […]
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