cam01
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Cambodia remains EU’s biggest export supplier

Trade preference, well-known Cambodia-made production and social-economic recovery have made Kingdom maintain its position as the biggest exporter of bicycles to the European Union, said senior officials. Across the country, there are 13 bicycle assembly and bicycle component factories with a total investment value of $112 million, said Heng Sokkhung, Secretary of State of the […]

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Gas Malaysia 2Q earnings soar 72%

PETALING JAYA: Gas Malaysia Bhd, which posted a 72.2% jump in net profit to RM107.3mil in the second quarter ended June 30, will continue to take prudent measures to remain competitive. In a Bursa Malaysia filing, it said its revenue in the second quarter rose 29.2% to RM1.77bil from RM1.36bil a year ago. Its earnings per […]

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Philippine central bank delivers big rate hike

MANILA: The Philippine central bank on Thursday delivered another large interest-rate increase and signalled it has space to raise borrowing costs further to tackle broadening price pressures. Bangko Sentral ng Pilipinas raised the overnight reverse repurchase rate by 50 basis points to 3.75%. That took the total increases this year to 175 basis points to rein […]

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Vietnam deploys diverse solutions to revive tourism industry

Hanoi will play a key role in connecting visitors to tourist destinations in Vietnam. The Vietnamese Ministry of Culture, Sports and Tourism needs to actively support major tourism businesses to build routes linking localities, and restart heritage digitalization with the participation of travel companies to create new tourism products.  This is one of the requirements made by […]

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