Prime Minister Hun Sen expressed optimism that Cambodia will definitely achieve its vision of a high-middle-income country by 2030 and attributed it to the country’s peace and economic growth, particularly the socio-economic resumption after the pandemic. His remarks came in a meeting to commemorate the 71st Founding Anniversary of the Cambodian People’s Party on Tuesday. […]
Read MoreThe surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers. Policy makers already grappling with the fastest inflation in decades now face stark choices: forcefully raise borrowing costs to defend currencies and risk hurting growth, spend reserves that took years to […]
Read MoreMANILA, Philippines — Residential real estate purchases will likely slow down in the coming months as lower and middle-income Filipinos brace for rising inflation and interest rates, Leechiu Property Consultants (LPC) said Wednesday. In a news briefing, the private real estate brokerage said interest charged on home loans could go up to 10% as the Bangko […]
Read MoreIn the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according to the Economic and Financial Statistics Bulletin. According to the […]
Read MoreBeing open to the world but not depending on technology is a challenge for many countries, not only Vietnam. Sovereignty in digital space With a population of 97.3 million, including 70 percent of internet users, Vietnam is a potential market for digital platform providers. Digital platforms such as Google, Gmail, Grab, GoJek and social networks […]
Read MoreThailand’s factory output unexpectedly dropped in May due mainly to supply shortages for manufacturing cars and some electronics products due to lockdowns in China’s major port cities, the Ministry of Industry reported on Wednesday. Output is likely to be steady in June and recover next month as China’s restrictions ease, while increased domestic activity and […]
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