The Chinese-funded enterprises have played an important role in improving local people’s livelihood in Cambodia, according to the results of a new survey released this week. Entitled “China in Young Eyes,” the survey was conducted in 2021 by the Center for Cambodian Studies at Beijing Foreign Studies University and the 21st Century Maritime Silk Road […]
Read MoreMANILA, Philippines — The Philippine government plans to tap the international debt market anew this year to raise more cash for its programs and projects, according to a report. Citing a person familiar with the matter, Bloomberg reported on Monday that the government would sell more foreign bonds this year in a bid to raise […]
Read MoreSINGAPORE (BLOOMBERG) – Malaysia’s ringgit is headed towards a test of support at its 2017 low as oil prices slide, opening the door to the currency tumbling to levels last seen during the Asian financial crisis. The ringgit has been in steady decline since the first quarter – even as prices for the country’s commodity […]
Read MoreWhile the Thai economy had been pressured by global geopolitical tensions leading up to the National Economic and Social Development Council’s decision last week to revise down the upper range of its growth forecast to 3.2% from 3.5%, the business sector also has to keep a close eye on the stormy domestic political climate as it could […]
Read MoreJakarta (ANTARA) – Minister of Cooperatives and SMEs Teten Masduki has asked noodle and meatball soup vendors to join online business given that Indonesia is expected to become the largest digital economy with potential reaching Rp4,500 trillion, in Southeast Asia by 2030. “Hence, Mr. President Joko Widodo (Jokowi) understands very well that our huge digital […]
Read MoreTHE retail sector, with sales growth expected at 13.1% this year after falling 2.3% in 2021, is expected to stay buoyant for the time being, amidst risks of high inflation, interest rate hikes and possible global recession. With Malaysia’s broad subsidisation policy keeping inflation down, retail sales are surging partly on a low-base effect as […]
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Thailand
