August 2021 – Page 33 – ASEAN Economic Community Strategy Center

August 18, 2021

Rapid vaccination rates ‘A cause for celebration’ and may indicate Cambodia will reopen ahead of neighbouring countries.

Cambodia’s aggressive vaccination record is showing results that indicate it is becoming increasingly likely the Kingdom will reopen ahead of neighbouring countries. The news follows analysis by Mekong Strategic Partners (MSP). “I think it’s fair to say that Cambodia has exceeded everyone’s expectations. The government has been criticised in part for what they’ve got wrong […]

August 18, 2021

Philippines: BSP earnings double to P30.2 billion in 5 months

MANILA, Philippines — The earnings of the Bangko Sentral ng Pilipinas (BSP) more than doubled to P30.21 billion in the first five months from P14.04 billion in the same period last year on higher trading gains and operating income. Data from the central bank showed total revenues mostly comprised of interest income on foreign investments, […]

August 18, 2021

Thailand: Operators pan extension

With the government’s latest decision to extend lockdown measures until the end of this month in the face of rising Covid-19 infections, business operators are complaining that the extension will exacerbate their plight and create higher economic losses to the country. Sanan Angubolkul, chairman of the Thai Chamber of Commerce (TCC), said his organisation estimates […]

August 18, 2021

Indonesia’s July trade surplus widens as export, import growth slows

[JAKARTA] Indonesia’s trade surplus widened slightly more than expected in July as growth in exports and imports slowed, data from the statistics bureau showed on Wednesday, as the country imposed mobility restrictions to control a spike in Covid-19 cases. Exports grew 29.32 per cent on a yearly basis to US$17.70 billion, the lowest rise since […]

August 18, 2021

Cambodia: Ministry seeks feedback on UK trade rules

Phnom Penh Post – The Ministry of Commerce seeks to engage the involvement of all exporters in the consultation process of drafting a mechanism that will serve as a benchmark for Cambodian commercial exports to the UK. Following the result of a referendum held in 2016, the UK’s divorce from the EU on January 31, […]

August 18, 2021

Thailand: Baht likely to weaken amid Covid-19 crisis, rising dollar: market strategist

The baht opened at 33.36 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.27. The Thai currency is likely to move between 33.25 and 33.40 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said the baht was likely to fluctuate and weaken due to the Covid-19 crisis and […]

Asean News

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

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Monthly Archives: August 2021