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Cambodian exports show resilience

Cambodian exports reached approximately $11.714 billion, up around 18 percent, a figure only marginally lower than the same period last year (18.4 percent) according to socio-economic trend statistics compiled by the Ministry of Economy and Finance. The report stated that total exports of Cambodian products remain positive for 2020’s first eight months even though the […]

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Malaysia: Budget 2021 vital to boost investment sentiment

PETALING JAYA: Budget 2021 plays a delicate role in not only strengthening households’ purchasing power, but also in creating an accommodative investment environment for local companies and foreign investors. Incentives and measures under the budget are expected to make Malaysia a competitive investment destination, at a time when foreign direct investments (FDIs) are evolving to be geographically […]

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Thailand: Tourism minister warns of domestic slowdown

Thailand’s tourism minister has warned that local demand is expected to drastically slow amid a slumping economy if there is no proper plan to reopen to tourists next year. Local demand remains below 40% of last year’s figure despite an uptick in activity since the outbreak of the pandemic, said Phiphat Ratchakitprakarn, Tourism and Sports […]

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