The Royal Government of Cambodia’s total public debt stock is at $9.81 billion consisting of 68 percent from Bilateral Developing Partners (DPs) and 32 percent from Multilateral DPs, according to Cambodia’s Public Debt Situation at the end of Q1 2022. In Q1 2022, the RGC has signed a new concessional loan with DPs in the […]
Read MoreMANILA, Philippines — The Philippines should open further to foreigners if it wants to corner more job-generating investments, Asia-based Hinrich Foundation said on Tuesday. There’s a “window of opportunity that might be the right moment to open the country,” Riccardo Crescenzi, professor of economic geography at the London School of Economics, said in an online forum […]
Read MoreHSBC has lowered its forecast on Vietnam’s inflation rate in 2022 to 3.5% from its earlier prediction of 3.7% due to the stable domestic food price, according to a report released on June 14. The bank explained that the inflation risk in ASEAN countries has increased since the beginning of 2022, leading to a high […]
Read MoreKUALA LUMPUR: The retail industry recorded a growth rate of 18.3% in the first quarter of 2022 (1Q22), spurred by better economic conditions and further easing of movement restrictions. This is comparable to the -9.9% contraction in retail sales during the first quarter of 2021 (1Q21), said Retail Group Malaysia (RGM), in its latest retail […]
Read MoreSingapore home sales hit a six-month high, signalling that government-imposed property curbs are having a dwindling impact as the city-state’s rebounding economy fuels demand for housing. Purchases of new private apartments rose to 1356 units in May, Urban Redevelopment Authority figures showed Wednesday. That’s more than double the transactions of the previous month and the […]
Read MoreThailand was No.3 globally for real-time payment transactions last year, behind only India and China, driven by the government’s support for modern infrastructure, says ACI Worldwide, a real-time payments software provider. The ranking was revealed in the “Prime-Time for Real Time 2022” report, published by ACI Worldwide in partnership with data analytics firm GlobalData and […]
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