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Moody’s sees ‘solid growth prospects’ for Cambodia

Moody’s Investors Service says Cambodia has strong fiscal buffers to counter disruptions to trade and growth arising from the COVID-19 pandemic. In a statement released in Singapore Friday, the US credit rating agency said slowdowns in China, the EU and the US would deter Cambodia’s growth prospects this year, with GDP forecast to contract 0.3 […]

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Philippines alcohol imports seen to rise despite higher tax

MANILA, Philippines — The country’s consumption and importation of alcoholic beverages are expected to rise further despite the higher excise tax on the commodities due to the government’s  tax reform program. In a report, the United States Department of Agriculture-Foreign Agricultural Service (USDA) said traders are expecting sales to continue growing by five to 10 […]

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Vietnam needs more efforts to lure new FDI wave

The Hanoitimes – While other countries are setting up specific and clear priorities to attract FDI projects, Vietnam is still pursuing a strategy with multiple targets that could lead to missed opportunities. Vietnam is not the only magnet for a new wave of foreign direct investment (FDI), which came as a result of global companies diversifying […]

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Vietnam: Over half of population to shop online by 2025

Vietnam is aiming to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per year, according to a master plan on e-commerce development for 2021-2025. Vietnam is aiming to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per […]

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Safety tops the tourism agenda

For the past two months or so, many of the world’s popular tourist destinations have been shuttered to visitors, leaving beaches, restaurants, shops, bars and streets almost empty. Now that the world is gradually reopening and people are stepping out again, they are faced with the reality that life today is a lot different from […]

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