A new dedicated barge service from Phnom Penh, Cambodia to its express ocean transportation service between Ho Chi Minh, Vietnam and Seattle that allows shippers in Cambodia to reach the U.S. West Coast in a mere 25 days, faster than any other service provider in the trade has been launched by UWL, in partnership with […]
Read MoreLaos is facing significant economic challenges but has the potential to develop sustainably and more equitably, according to a new World Bank report. The latest Lao PDR Country Economic Memorandum, “Linking Laos, Unlocking Policies”, analyses economic performance over the last 20 years and draws lessons from inside and outside Laos to recommend how the country […]
Read MoreBusinesses adopted cost reduction, increased productivity, and emphasised environmental standards to cope with the pandemic and global challenges stemming from the Russia-Ukraine war, panellists told the Forbes Thailand 2022 Forum on Monday. Executives shared their insight at the event hosted by Forbes Thailand magazine as they prepare for the second half of the year. EXPECT THE UNEXPECTED Pawat […]
Read MoreTotal outstanding loans from banks in the real estate market were estimated at over VND2,280 trillion (US$98.32 billion), up 10.19% against late 2021. The State Bank of Vietnam (SBV) would continue to tighten credit in risky fields, including the real estate and stock market, according to the central bank’s Governor Nguyen Thi Hong. In a […]
Read MoreMANILA, Philippines — The government may cut the budget deficit to as low as 3.2 percent of gross domestic product (GDP) by 2025 if it pursues the consolidation plan proposed by the Department of Finance. DOF chief economist Gil Beltran said yesterday the next administration can narrow the budget deficit to pre-pandemic levels if it […]
Read MoreTransportation of goods to and from Cambodia has significantly improved since the government decided to reopen the economy in November 2021 after the Covid-19 shutdown. Sin Chanthy, president of Cambodia Freight Forwarders Association, told Khmer Times that the country’s export-import shipments have increased this year due to unhindered transportation but shipping costs have also gone up between […]
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