In the first seven months of the year, Cambodia exported 670,000 tonnes of raw cashew nuts to Vietnam worth over $1 million, a decrease of more than 37 percent compared to the same period last year, according to a report by the Cashew Nuts Association of Cambodia (CAC). Uon Siloth, president of CAC, told Khmer Times that […]
Read MoreMANILA, Philippines — Sales of local car and truck assemblers continued to post double-digit growth from January to July as the economy further recovers. In a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) released yesterday, the groups said year-to-date total new motor vehicle sales […]
Read MoreManufacturers of the five largest instant noodle brands — Mama, Wai Wai, Yum Yum, Nissin and Suesat — for the first time in their half-century of the establishment have joined forces to call on the Commerce Ministry to allow them to raise their prices in line with soaring production costs within one week. Pun Paniangvait, manager […]
Read MoreJakarta (ANTARA) – Indonesia’s external debt (ULN) decreased from US$412.6 billion in the first quarter of 2022 to US$403 billion in the second quarter owing to a decline in public and private external debt, Bank Indonesia (BI) reported. Chief Executive Director of the Communications Department of BI Erwin Haryono, in an official statement here, Monday, […]
Read MoreDeposit holders are expected to benefit from interest rate hikes by banks and microfinance deposit-taking institutions (MDIs), according to a senior official at the Association of Banks in Cambodia (ABC). Phal Chalm Theany, Secretary General of ABC, explained in an email to Khmer Times that rising inflation, mostly resulting from low-interest rates over the last years, is […]
Read MoreMANILA, Philippines — More Filipinos ended poor in 2021 compared to three years ago after the pandemic wiped out gains in poverty reduction that took years to achieve. A survey of 165,029 families nationwide showed there were 19.99 million Filipinos living below the poverty line last year, up from 17.67 million recorded in the comparable period […]
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Thailand
