PETALING JAYA: Malaysia is well positioned to weather the spike in inflation globally with the efforts by the government in terms of providing subsidies as well as having a ceiling price for some consumer goods. Sunway University professor of economics Yeah Kim Leng said the escalation of prices especially commodities is affecting countries around the […]
Read MoreWhile Cambodia has reopened the country, the government has built up herd immunity in communities leading to a smooth economy, but the Russia-Ukraine war has resulted in economic and trade consequences, which would affect the Cambodian economy, says GDCE director-general Kun Nhim Cambodia collected $819 million in customs taxes in the first four months of […]
Read MoreThe banking sector will continue providing support for its customers affected by the pandemic, including ongoing efforts to restructure debt payments and waive and cut interest rates. Credit institutions in Hanoi have so far waived and lowered lending interest rates for 316,000 customers with a total outstanding loan of VND521 trillion (US$22.7 billion), according to […]
Read MoreThe baht opened at 34.04 to the US dollar on Thursday, surging back from its previous close of 34.53. The currency is expected to move in a range between 33.95 and 34.15 on Thursday, predicted Krungthai Bank market strategist Poon Panichpibool. Poon said the factors that would cause the baht to weaken are decreasing because […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) trade agreement has boosted Cambodia’s economy in a big way, with export to member countries of the pact hitting $1.95 billion in the first quarter (Q1) this year —up by 11 per cent from $1.75 billion over the same period last year. The top three export destinations were Vietnam, […]
Read MoreThailand can expect to welcome 20 million tourists next year, or about half the pre-pandemic level, Prime Minister Prayut Chan-o-cha said on Tuesday. That projection is likely to materialise provided the Covid-19 situation doesn’t deteriorate again and no new threats to tourism appear on the horizon, he said. Tens of thousands of tourists are arriving […]
Read More
Thailand
