Banking and financial institutions in Cambodia provided $50.7 billion of credit in the first quarter of this year to the private sector in the Kingdom for investment and economic activities, according to the figures released yesterday by National Bank of Cambodia (NBC). The figures show that the amount of credit released has increased by 22.4 […]
Read MoreMANILA, Philippines — The Philippines is expected to post the strongest economic growth in Southeast Asia this year as domestic demand continues to recover even amid rising inflationary pressures. GlobalData, a leading data and analytics company in the UK, said gross domestic product (GDP) in the country would likely grow seven percent this year from […]
Read MoreThai Honda Co, a manufacturer and distributor of multi-purpose engines, plans to increase production to 300,000 units to serve the domestic market within 2026, following a drop in its sales due to the Covid-19 impact. Demand for the company’s products is growing, marking a good business prospect, said general manager Sampan Kwanjai. “Demand began to […]
Read MoreThe World Bank says Cambodia has one of the fastest increases in financial inclusion among developing economies in East Asia and the Pacific. In the latest Global Findex Database released in Washington Wednesday, the bank said 76 percent of people worldwide had an account with a financial institution or mobile money provider in 2021 — […]
Read More
Thailand
