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Indonesia Central Bank Keeps Rate Unchanged

Indonesia central bank left its key rates unchanged for the eighth consecutive meeting on Tuesday. The board of governors of Bank Indonesia decided to hold the the BI 7-Day reverse repo rate at 3.50 percent. The previous change in the rate was a quarter-point reduction in February. The deposit facility rate was maintained at 2.75 […]

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Fuel Prices Rise Again in Laos Amid Covid-19 Pandemic

The government of Laos has announced an increase in fuel prices for the sixteenth time this year, bringing the price of regular gasoline to LAK 11,790 per liter. According to a notice issued by the Ministry of Industry and Commerce yesterday, the price of V-power gasoline in Vientiane Capital has climbed to LAK 13,620 per liter, while […]

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Vietnam GDP growth predicted to hit 1.8% in 2021: VESS

Vietnam’s growth prospects remain much dependent on the effectiveness of vaccination programs, restriction measures, and the implementation of supporting policies. Vietnam’s GDP is likely to expand by 1.8% in 2021 following the recent fourth Covid-19 outbreak that forces major cities in the country into lockdown for months. Construction and industry would be the main driving […]

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Cambodia’s exports to Vietnam quadruple

Cambodia’s exports to Vietnam nearly quadrupled to $3.7 billion in the first nine months of this year, according to statistics from the General Department of Vietnam Customs. Cambodia increased its exports of vegetables and fruits by 61 percent, cashew by 595 percent, soybeans by 549 percent, and rubber by 391 percent. Exports of wood products, […]

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