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Productivity, diversification, domestic investment key to Cambodia’s economic recovery: World Bank

Cambodia can regain its sustained economic growth by increasing productivity among firms and workers, diversifying exports, and taking steps to boost domestic investment, the World Bank said in the Cambodia Economic Memorandum. Cambodia’s growth rate, which averaged a robust 7.7 percent between 1995 and 2019, plunged an estimated 10.1 percentage points to contract by 3.1 […]

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Thailand: Economy expected to make headway in H1

The Thai economy is likely to start recovering in the first half of this year thanks to the government’s better control of Covid-19 infections, the state’s economic stimulus measures as well as accelerated infrastructure development, says Deputy Prime Minister Supattanapong Punmeechaow. According to Mr Supattanapong, the resumption of the Test & Go tourism scheme on […]

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Philippines manufacturing growth stalls in Jan

THE growth of the country’s manufacturing sector stalled in January as the repercussions of Typhoon “Odette” and the surge of Covid-19 cases affected output and new orders, results of the latest IHS Markit survey showed. Survey results released on Wednesday showed that the purchasing managers index (PMI) fell from 51.8 in December to 50 in […]

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Foreign investment in Thailand reaches $2.5B in 2021

Thailand saw total foreign investment of 82.501 billion baht ($2.5 billion) last year, creating 5,450 jobs for Thais, the commerce ministry announced on January 31. Japan remained the kingdom’s highest foreign investor, topping the rankings with 23.260 billion baht or 28.6 per cent of total investment via 163 businesses. The US was second with 5.948 […]

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