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Cambodia: MoU inked to promote local bourse

Cambodia Chamber of Commerce (CCC) and Securities and Exchange Commission of Cambodia (SECC) – the country’s securities regulator – signed a memorandum of understanding (MoU) in a move to team up concerning raising awareness, while encouraging firms to join the local stock market. The MoU was signed between CCC’s president Kith Meng and SECC’s Chairman […]

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Philippines to benefit from global trade redirection

MANILA, Philippines — The Philippines is likely to benefit from  global trade redirection and relocation of production sites as a result of the coronavirus pandemic and  the still unresolved trade spat between the US and China, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In a text message to reporters, Diokno said the […]

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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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