MANILA, Philippines — Economists are now expecting a faster rise in consumer prices this year before easing over the next two years, according to a survey conducted by the Bangko Sentral ng Pilipinas. BSP managing director Zeno Ronald Abenoja said the results of the central bank’s survey of private sector economists for February showed a […]
Read MoreThe Laos-China Railway Company is to operate a conventional train service from next month in order to accommodate a growing number of passengers. The new conventional train, which will run at speeds of 120km per hour and can accommodate over a thousand passengers, arrived in Vientiane Capital last week, Lao Post reports. Deputy Chief Engineer at […]
Read MoreThe Investment Law of Cambodia will be a strong legal and regulatory basis to attract foreign direct investment and help promote Cambodia’s economic growth. Okhna Tan Khee Meng, president of the Malaysian Business Chamber, Cambodia (MBCC) said this at the Cambodia-Malaysia Business Forum co-organised by the Council for the Development of Cambodia (CDC) yesterday. “Cambodia’s […]
Read MoreMANILA, Philippines — Possible normalization in monetary policy, such as an increase in interest rates, my start by the second half as the output gap caused by the pandemic is expected to close in the second semester, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Francisco Dakila Jr. said that the manageable inflation, […]
Read MoreThe government has projected that the Kingdom’s economy will grow by about 5.6 per cent this year despite the threat posed by the Omicron variant. The footwear industry has been growing rapidly in the last few years, employing more than 130,000 workers and attracting a lot of new investment in 2021. Cambodian Footwear Association president Ly […]
Read MoreMANILA, Philippines — The Philippine Ports Authority (PPA) sees continued cargo traffic growth this year after volume returned to pre-pandemic levels in 2021, raising its growth forecast amid optimism in the country’s economic recovery. PPA general manager Jay Santiago told The STAR that a recovery in the maritime trade and shipping is expected to be sustained […]
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