The exports of apparel from Cambodia increased by 23.09 per cent year-on-year to $7.174 billion during January-September 2022. This constituted 41.60 per cent of Cambodia’s total foreign income of $17.258 billion during the period under review, according to data from the general department of customs and excise under the ministry of economy and finance. Cambodia’s […]
Read MoreA decrease in crude oil and natural gas production led to a fall in the country’s gross domestic product (GDP) in the second quarter (Q2) of the year, said the Department of Economic Planning and Statistics. The oil and gas sector decreased by 9.2 per cent while there was a one per cent growth in […]
Read MoreSINGAPORE – Singapore’s asset management industry grew at a quicker pace than the global average in 2021, aided by a strong pipeline of new funds seeking investment opportunities in the Asia-Pacific. Assets under management (AUM) here expanded by 16 per cent from a year earlier to US$4 trillion (S$5.7 trillion), according to the Singapore Asset […]
Read MorePETALING JAYA: AmBank Research has forecast Malaysia’s third quarter (3Q) gross domestic product (GDP) to grow by 12% to 14% year-on-year (y-o-y), boosted by the strong trade number for September and over the 3Q. The economy grew by 8.9% y-o-y in the 2Q and 5% y-o-y in 1Q. Trade growth is set to slow on […]
Read MoreMANILA, Philippines — Philippine manufacturers of electric vehicles want the government to slash tariffs on raw materials needed to make e-vehicles to support the industry in boosting its local production. Electric Vehicle Association of the Philippines (EVAP) president Edmund Araga yesterday asked the government to consider cutting, if not totally eliminating, the import duties imposed […]
Read MoreEconomists recommend that households forego any unnecessary spending in order to better weather the effects of inflation as some Cambodians complain that they are living hand to mouth and are not earning enough to be able to save for emergencies like health issues or important milestone events like weddings. “In the context of inflation being […]
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Thailand
