The continuing depreciation of the kip is creating a major roadblock in the government’s efforts to rein in inflation, especially as one third of the goods used to calculate price rises are imported. The kip has fallen in value by 19.44 percent against the US dollar and by 18.02 percent against the Thai baht over […]
Read MoreThe Royal Government of Cambodia had a total public debt of $9.47 billion as of September 2022, the Ministry of Economy and Finance said, affirming that the public debt remained at low risk. The public debt comprised 68 percent from bilateral Developing Partners (DPs) and 32 percent from multilateral DPs, according to the ministry’s Cambodia […]
Read MoreThis estimate is supported by close synergy between the government and the central bank Jakarta (ANTARA) – Indonesia’s central bank, Bank Indonesia (BI), projects that inflation will fall to a level of 1.5 percent to 3.5 percent in 2024 after possibly lying in the range of two to four percent in 2023. Currently, inflation is […]
Read MoreStrong foreign capital flow into Vietnam through different channels reflects foreign investors’ belief in Vietnam’s economic development prospects. In late November, disbursement of a $600 million credit package with an interest rate of 6.5 percent per year for the Masan Group was completed. This was the biggest ever foreign syndicated loan in the private sector. […]
Read MoreOutbound tourism from China is expected to restart during the Chinese New Year in late January 2023 as Beijing gradually lifts Covid-19 restrictions, aiding tourism-related stocks and the overall travel sector in Thailand, say industry operators. Speaking at an event on Wednesday hosted by the Federation of Thai Capital Market Organizations (Fetco), Tourism Authority of Thailand […]
Read MoreCambodia’s apparel exports increased by 16.56 per cent year-on-year to $8.366 billion during January-November 2022. This constituted 40.89 per cent of Cambodia’s total foreign income of $20.457 billion during the period under review, according to data from the general department of customs and excise under the ministry of economy and finance. Cambodia’s exports of apparel […]
Read More
Thailand
