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Cambodia’s startup ecosystem developing rapidly, says ADB

Cambodia’s technology-based startups have grown rapidly in recent years, with the supporting ecosystem boosted by policies and infrastructure geared toward their development, according to a new report by the Asian Development Bank (ADB). Programmes including Khmer Enterprise and the Startup Cambodia National Programme have emerged to help startups in areas such as digital platforms, seed […]

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Philippines: BSP under pressure to hike rates further

Rising inflation, weakening peso MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may consider more aggressive rate hikes in August than the signaled 25-basis-point gradual increase amid concerns of quickening inflation and depreciating peso. BSP Governor Felipe Medalla told reporters the central bank’s Monetary Board may consider bigger rate hikes to anchor inflation expectations […]

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Thailand: Chamber pushes border trade

The Thai government is being urged to accelerate the stimulation of border trade and establish joint special economic zones with bordering countries to boost trade and investment. Such a move could help offset the impact from a spate of risks to the global market, such as a prolonged Russia-Ukraine war, an energy crisis and a […]

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Vietnam businesses hit by ‘price storm’

Many business fields have been witnessing a rapid recovery after the Covid-19 outbreak. However, difficulties are ahead as they lack capital and petrol prices are escalating. Workers at Quang Map Restaurant in District 1 in HCM City are busy these days as the restaurant is always crowded. Several months ago, the restaurant owner thought that […]

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