Myanmar has sufficient foreign reserves to avoid an economic crisis similar to Sri Lanka’s, the military government said, pushing back on suggestions by some analysts that the Southeast Asian nation faces a growing possibility of default. Maj Gen Zaw Min Tun, a spokesman for the State Administration Council, said at a press conference on Tuesday […]
Read MoreKUALA LUMPUR, July 27 – While it is still too early to see the full benefits, Malaysia’s exports have already shown significant growth after the Regional Comprehensive Economic Partnership (RCEP) kicked in, International Trade and Industry Minister Datuk Seri Azmin Ali told Parliament today. He said that since the inception of RCEP in March until […]
Read MoreAccording to a press release from the Ministry of Foreign Affairs, Deputy Prime Minister and Minister of Foreign Affairs, Mr. Saleumxay Kommasith, held talks via video conference with Saudi Foreign Minister, Prince Faisal bin Farhan Al Saud. The two foreign ministers discussed trade and investment cooperation, with Mr. Saleumxay reportedly enquiring about the import of fuels from […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ruled out another huge 75-basis-point rate hike as it is looking at further raising key policy rates by 25 to 50 basis points next month. During the Post-SONA Economic Briefing 2022, BSP Governor Felipe Medalla said the Monetary Board is unlikely to hold another surprise […]
Read MoreThe mobile and fixed broadband internet subscribers in Cambodia rose to 17.7 million as of March this year, surpassing its 16-million population mark, as the government highlights the development of the digital economy. The report from the Telecommunication Regulator of Cambodia showed that the internet subscribers increased significantly from 16.1 million in 2019, a year […]
Read MoreFrom its peak, petrol prices have fallen by 20.7-25.6 percent to the level of five months ago. However, food and foodstuff prices have not dropped. When the petrol price increased sharply a month ago, the prices of goods and services rose proportionally. Manufacturers and distributors raised the selling prices of food items. Petrol prices decreased […]
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Thailand
