Cambodia will expand its garment, footwear and travel goods (GFT) export market to more countries in its bid to remain competitive in the industry, especially in the wake of challenges from the European Union (EU) market, under a new policy directive for the sector. The country’s GFT Development Strategy 2022-2027, discussed recently during the launch […]
Read MoreThailand, the world’s biggest rice exporter after India, is on track to ship the highest volume in four years as importing countries boost purchases to replenish stockpiles and keep a lid on food inflation. Exports will probably climb to 8 million tonnes this year as a weak currency boosts competitiveness and countries such as China look […]
Read MoreCambodia’s economy is on a recovery track from the pandemic crisis thanks to the government’s efforts and stimulus measures, according to the mid-term implementation of the National Strategic Development Plan (NSDP) 2019-2023. The Ministry of Planning officially published the report of the mid-term implementation of the National Strategic Development Plan 2019-2023 in a dissemination workshop […]
Read MoreHANOI: The State Bank of Vietnam should continue to take measures against dollarisation and goldenisation in the domestic economy as the markets remain potential risks to rising speculation and hoarding of assets, experts say. In recent years, dollarisation and goldenisation have been strictly controlled in the country, which has helped to stabilise the Vietnamese dong […]
Read MoreMANILA, Philippines — President Ferdinand Marcos Jr. has ordered the Department of Agriculture to speed up the importation of 64,050 metric tons of refined sugar to stabilize the prices of the commodity. In a memorandum order dated Tuesday, DA senior undersecretary Domingo Panganiban said Marcos was “concerned” with the “very high” November inflation rate for […]
Read MoreLaunching a loan restructuring program, or similar initiatives such as loan repayment assistance or a loan moratorium, is common practice among ASEAN+3 governments responding to the financial distress caused by the COVID-19 pandemic. From a financial stability perspective, however, the loan restructuring program runs the risk of masking the true quality of loans. Banks are […]
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Thailand
