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Philippines: Debt payments rise 11% in Q1

MANILA, Philippines — The national government spent more on debt payments in the first quarter of the year as both interest and principal payments increased, the Bureau of the Treasury (BTr) reported. Data from the BTr showed the national government’s debt payments reached P220.18 billion in the first three months of the year, 11.09 percent […]

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Cambodia: Kingdom prepares first fertilizer shipment

In partnership with a Japanese firm, Bayon Heritage Holding Group plans to ship 600 tonnes of organic fertilizer to different Asian markets. For in depth analysis of Cambodian Business, visit Capital Cambodia Bayon Heritage will become the first local company to export the product, the company chairman and CEO, Sokheang Chan, told Khmer Times. Shipments will be […]

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Malaysian palm oil price hits lowest level in a month

KUALA LUMPUR: Malaysian palm oil futures fell by more than 2% on Wednesday to hit their lowest levels in a month, triggered by weakness in U.S. soyoil prices on the Chicago Board of Trade. Palm oil prices had were earlier traded within a range, with the competing forces of expectations for bullish industry data and weakness in soyoil and crude […]

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Thailand: AoT to review duty-free bids

The bid results for three contracts to run duty-free shops at four airports and develop commercial space at Suvarnabhumi airport, where duty-free giant King Power emerged as the winner, are expected to be reviewed by Airports of Thailand Plc’s (AoT) board of directors next Wednesday, according to the AoT.  Wichai Bunyu, AoT senior executive vice president […]

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