Cambodia has some 17.8 million internet subscribers, exceeding the country’s total population of 16 million because many people have subscribed to more than one internet service, Minister of Post and Telecommunications Chea Vandeth said on Thursday. Speaking at a press conference here, the minister said about 17.48 million have subscribed to the mobile internet service […]
Read MoreTHAILAND’S central bank said on Friday (Aug 5) it expected to test its retail digital currency from late this year to the middle of 2023, as an alternative payment option. During the testing, the retail central bank digital currency (CBDC) will be used in conducting cash-like transactions, like paying for goods and services, within limited […]
Read MoreMANILA, Philippines (Update 1, 11:08 a.m.) — Inflation remained painfully high in July, keeping the pressure on the Bangko Sentral ng Pilipinas to stay hawkish as rising prices squeeze Filipino households’ budgets. Inflation, as measured by the Consumer Price Index (CPI), accelerated 6.4% year-on-year in July, faster than 6.1% recorded in June, the Philippine Statistics Authority reported […]
Read MoreWith the internal strength of the currency and the central bank’s flexible management, the VND is expected to depreciate by a maximum of 3% in 2022. The Vietnamese Dong (VND) has devalued by 2.21% against the US dollar compared to late 2021, but remained the most stable currency in the region, according to the Bao […]
Read MoreThe country’s total trade was valued in March was valued at BND2,501.8 million, an increase by 36.1 per cent from BND1,838.0 million during the same month last year, according to the latest International Merchandise Trade Statistics (IMTS) for Brunei Darussalam. The report, published by the Department of Economic Planning and Statistics (DEPS), also said for […]
Read MoreINDONESIA’S economy grew more than 5 per cent last quarter, thanks to robust trade and domestic demand. Gross domestic product (GDP) grew 5.44 per cent in the 3 months to June from a year ago, the statistics bureau said in Jakarta on Friday (Aug 5). That is faster than the median estimate of 32 economists […]
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Thailand
