ASEAN Economic Community Strategy Center

Philippines: Key policy rates unchanged, inflation forecast cut anew

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to keep interest rates unchanged to allow the economy to absorb the effects of the previous rate hikes. In a statement, BSP Governor Nestor Espenilla said the Monetary Board believes the prevailing monetary policy remains appropriate after the tightening episode that saw interest rates rise by […]

Demand soars for Thai consumer goods in Cambodia

Taking advantage of the close proximity and strong taste for affordable Thai products, manufacturers from Thailand continue to double their efforts to maintain a strong foothold in Cambodia’s ever-growing consumer market. The domestic demand for consumer products is flourishing in the Kingdom, largely fuelled by rising income plus the existence of a young population, and […]

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Philippines: Key policy rates unchanged, inflation forecast cut anew

Demand soars for Thai consumer goods in Cambodia