The Ministry of Public Works and Transport (MPWT) has released a strategic plan for 2022-2030 to modernise heavy-truck businesses in Cambodia to strengthen the conditions for heavy trucks and shipping businesses more effectively and environmental-friendly through the encouragement of using new and modern trucks as well as improvement of business operations, according to MPWT. Sun […]
Read MoreKUALA LUMPUR: RAM Ratings projected Malaysia’s gross domestic product (GDP) growth to slow to between four and five per cent in 2023 from an estimated 8.2 per cent in 2022. The rating agency said global economic slowdown is anticipated to dampen Malaysia’s exports while the still notable price pressures and tighter monetary conditions might impact […]
Read MoreThailand’s economy is still on the recovery path and should grow 3.4% this year and 3.8% next year, supported by a rebound in its vital tourism sector, the finance minister said on Wednesday. Southeast Asia’s second-largest economy can weather global uncertainties, while average inflation should come in at 6% this year, Arkhom Termpittayapaisith said at a […]
Read MoreIn January-November 2022, Cambodia exported $1.1 billion worth of goods to China, down 19.1 percent compared to the same period last year, according to data from the General Department of Customs and Excise. In the 11 months of 2022, Cambodia spent about $8.36 billion on imports from China, according to the data. It’s an increase […]
Read MoreThe cabinet on Tuesday agreed to a fifth extension of the excise tax cut on standard diesel, until Jan 20. Finance Minister Arkhom Termpittayapaisith said the weekly cabinet meeting approved continuing the excise tax cut of five baht per litre for two months from Nov 21. The tax reduction will mean another 20 billion baht […]
Read MoreMANILA, Philippines — Money sent home by Filipinos overseas inched up in September as they rushed to support their families weathering the impact of expensive consumer prices. Remittances coursed through banks inched up 3.8% year-on-year to $2.84 billion in September, the Bangko Sentral ng Pilipinas reported Tuesday. This, however, was slower than 4.3% recorded in […]
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Thailand
