The World Bank on Wednesday released its latest edition of Cambodia’s economic outlook, expecting that the Kingdom’s economy will grow higher this year compared to last year. The World Bank Cambodia Economic Update, a biannual report that provides up-to-date information on short- and medium-term macroeconomic developments, said Cambodia’s economic growth rate will reach 7.1 per […]
Read MoreEducation Minister Teerakiat Jaroensettasin is questioning tax exemption privileges for schools after an international school operator went public in the stock market. “The Private Schools Act allows private schools to enter the stock market. But questions should be raised if it’s ethical for a company that owns a private school to enter the stock market while […]
Read MoreSINGAPORE: Indonesia’s Go-Jek plans to roll out a preliminary version of its ride-hailing app in Singapore Thursday, bringing fresh competition to the hometown of arch-rival Grab, according to people familiar with the plan. Go-Jek’s beta app will be available to a limited number of consumers before expanding it to a wider population as testing progresses, said the people, who […]
Read MoreThe Hanoitimes – This resulted in a total amount of capital injected to the economy in the January – November period of VND3,400 trillion (US$146.92 billion). In the first 11 months of 2018, Vietnam has seen a total of 121,248 enterprises registered for new establishment, up 4.5% year-on-year, with registered capital of a combined VND1,200 trillion […]
Read MoreDue to robust national growth and moderating risks in the financial sector, credit rating agency Standard & Poor’s has revised the Banking Industry Country Risk Assessment (BICRA) economic risk trend for Cambodia to stable from negative. Despite the positive assessment, the sector remains “high risk” due to excessive loan growth, S&P said. In a report […]
Read MoreThe Industrial Promotion Department wants 20,000 small and medium-sized enterprises (SMEs) and startups to operate their businesses online in 2019. The new target is a marked increase from the previous goal of 5,000 companies as the department has a duty to encourage SMEs and startups to embrace e-commerce. The SMEs and startups span many sectors, […]
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Thailand
