ADB has been researching and developing a new project called “Skills for Future Economy” with the main purpose of improving the industry in Cambodia. Ith Samheng, Minister of Labor and Vocational Training, met with Jyotsana Varma, Country Director of the Asian Development Bank (ADB) yesterday. The two discussed Industrial Development Policy, Employment and Employment Development […]
Read MoreWHILE prices of Housing Board (HDB) resale transactions logged their 26th consecutive month of increase in August, their volumes remained on a downtrend to potentially signal a drop in demand. According to flash estimates from property portal SRX and 99.co released on Thursday (Sep 8), resale prices increased a marginal 0.4 per cent in August from the […]
Read MoreThe textile and garment industry still has a great need to attract foreign capital for the production of fabrics, yarns and accessories to serve export needs to take advantage of tariff preferences from free trade agreements (FTAs). Data from the Foreign Investment Department (Ministry of Planning and Investment) shows that, as of May 18, 2022, […]
Read MoreMANILA, Philippines (Updated, 11:39 a.m.) — There were fewer jobless Filipinos in July as the economy continues to reopen, although more people sought additional work to boost their income amid rising consumer prices. Results of a nationwide survey of 43,521 families showed there were 2.60 million Filipinos who were either jobless or out of business in July, […]
Read MoreThe Bank of Thailand (BoT) will raise interest rates gradually to curb inflation risks and ensure a smooth recovery as the economy is expected to return to pre-coronavirus-pandemic levels late this year or early next year, BoT governor Sethaput Suthiwartnarueput said. The Thai economy is expected to grow about 3% this year and 4% next year, […]
Read MoreThe Cambodian government had a total public debt stock of $9.7 billion as of June 2022, according to the Cambodia Public Debt Statistical Bulletin published on Wednesday. The public external debt comprised 68 percent from bilateral developing partners (DPs) and 32 percent from multilateral DPs, said the bulletin released by the Ministry of Economy and […]
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