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Cambodia-US trade surges 45% to $5,892 million

The bilateral trade between Cambodia and the United States rose 45 percent to $5,892 million in the first seven months of this year compared to the same period last year. Cambodia’s export to the US surged 47 percent to $5,695 million in the January-July period of 2022, from the same period a year ago, according […]

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Philippines: Hawkish BSP hikes key rates by 50 bps

MANILA, Philippines — As expected, the Bangko Sentral ng Pilipinas (BSP) yesterday delivered another 50-basis-point rate hike amid the need for follow-through action to help anchor inflation expectations and return inflation to a target-consistent path. BSP Governor Felipe Medalla said in a virtual press conference that the latest increase brought the interest rate on the […]

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Irate Thai tourists seek tour refunds

Holidays to South Korea have been thrown into upheaval after 67 Thai tourists filed complaints with the Tourism Department, urging tour operators to provide them with refunds of 1.4 million baht in total after entry into the country was denied. Jaturon Phakdeewanit, deputy director-general of the Tourism Department, said the complaints were under investigation. Only two holidaymakers […]

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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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