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Cambodia-US bilateral trade on course to growth

Cambodia and the US are expected to see bilateral trade on a course of growth, with the two countries engaging in a high amount of trade exchange. Key insiders and officials say that there is room to boost trade relations between the two nations. The observation was made as the US Deputy Secretary of State, […]

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Thailand: Remote work to boost IT spending by 4.9%

IT spending in Thailand is expected to surge by 4.9% this year, buoyed by a jump in outlays on enterprise software and devices to support remote work, according to global research firm Gartner. Of the total IT spend, enterprise software is forecast to see the strongest growth of 13.2%, followed by devices with growth of […]

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Thailand: Q2 exports seen up 15% y/y – shippers

Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday. While maintaining its export growth forecast of 6%-7% this year, the group said shipments could rise 10%-15% if the country […]

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Philippines: BSP sees May inflation at above 4%

The Bangko Sentral ng Pilipinas (BSP) said the country’s headline inflation rate for May likely remained at above 4 percent. “The BSP projects May 2021 inflation to settle within the range of 4.0 to 4.8 percent,” said BSP Governor Benjamin Diokno in a statement on Monday. Headline inflation settled at 4.5 percent last month while […]

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Cambodia: Takeo Province suspends business at Sai Va Market in Prey Pdao Commune, Prey Kabas district

The Takeo Provincial Administration, has decided to temporarily suspend all business activities in the “Saiwa Market”, Saiwa Village, Prey Pdao Commune, Prey Kabas District, Takeo Province. Takeo has declared these zone as a Covid-19 hotzone as many Covid-19 positive cases had frequented the market and its vicinity and has affected many o=people, without providing specifics. […]

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