Cambodia’s exports to the world’s largest economy increased in the first two months of this year. Data from the US Census Bureau showed that, from January to February, Cambodia exported $1.12 billion of goods to the US, a 3.3 percent increase compared with the same period last year. At the same time, Cambodia’s imports from […]
Read MoreAirlines are urging the government to shut down domestic travel during the Songkran holiday period to prevent a third wave of Covid-19, or else Thailand’s tourism will risk losing more over the long run. With the fresh outbreak starting to spread from entertainment hubs in Bangkok to 20 provinces, the contagion must be nipped in […]
Read MoreTourism operators have slammed the government’s inefficient public inoculation scheme, which is preventing herd immunity as a fresh outbreak affects the industry for a third time. Thailand’s tourism industry was hurt by a second outbreak of the pandemic late last year and was just starting to glimpse a potential recovery this month with the long […]
Read MoreVietnam would be the second fastest growing economy in ASEAN. Vietnam’s GDP is set to expand 6.5% in 2021, higher than the global average of 6%, and then rebound to 7.2% next year, according to the International Monetary Fund (IMF) in its latest World Economic Outlook report. Such growth would put Vietnam as the second […]
Read MoreMANILA, Philippines — Term deposit rates eased across the board anew as inflation slowed down in March amid the reimposition of enhanced community quarantine in the National Capital Region (NCR) and nearby provinces. The yield of the seven-day tenor slipped by 4.38 basis points to 1.7842 percent at the term deposit facility (TDF) auction by […]
Read MoreKUALA LUMPUR (April 8): Moody’s Investors Service said in a report today that the asset quality of Malaysia’s largest banks had been more resilient to the coronavirus-induced economic disruption than their peers in Indonesia, the Philippines and Thailand. This resiliency, along with strong capital and liquidity buffers, will enable Malaysian banks to restore profitability faster than […]
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