Sihanoukville Special Economic Zone (SSEZ) said it will continue to speed up the construction with the concept of “win-win”, attract more and more international enterprises into the zone, and make due contributions to the happiness of the local people and local economic and social development. The remark was made when the deadly COVID-19 pandemic is […]
Read MoreCambodia has ratified the protocol on the amendment of the Asean Commodity Trade Agreement to implement the Asean-Wide Self-Certification (AWSC) in order to facilitate trade in the region, the Ministry of Commerce announced. The ministry said all Asean member states have agreed to formally use the AWSC and started to implement it from Sept 20. […]
Read MoreBank Indonesia (BI) and the People’s Bank of China (PBOC) signed on Wednesday a memorandum of understanding (MoU) to establish a framework promoting the use of local currencies for trade and direct investment. With the local currency settlement (LCS) agreement signed by BI Governor Perry Warjiyo and PBOC Governor Yi Gang, both central banks agreed […]
Read MoreThe country’s headline inflation could have slowed to 1.8 percent or accelerated to 2.6 percent last month on lower rice, oil and energy prices and a stronger peso, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday. In a statement, the central bank said the projection provided by its Department of Economic Research compared with […]
Read MoreKUALA LUMPUR: Malaysia’s economic activity outcome for the third quarter (Q3) is expected to improve, given the government’s various stimulus packages to support overall economic growth, said the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said the economic recovery has begun with the reactivation of economic activities and was reflected […]
Read MoreThailand’s GDP contraction is expected to be less severe because of the resumption of economic activity, but the government should be more assertive in shoring up public and private consumption to compensate depressed exports and tourism, says JP Morgan Thailand. The full-year economic contraction has been upgraded to -3% from -9%, as the easing of […]
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