cam04
Read More

Cambodia: Riel circulation on the rise in rural economy

In the post-Pol Pot regime (1975-1979), the circulation of riel has increased remarkably, especially in the rural economy as the government has unleashed and implemented necessary measures to promote the usage of riel, a top official of the National Bank of Cambodia (NBC) said. The measures taken by the government include payment of civil servants’ […]

Read More
rices-460
Read More

Vietnam: Ministry to control rice import management

The Ministry of Industry and Trade (MOIT) fears the high level of rice imports and the failure to control imports will affect domestic production. In the draft decree to replace Decree 107/2018/ND-CP on rice trade and export, MOIT noted the imports of rice amid food price increases and Vietnam’s shift to higher-quality rice exports. Vietnam […]

Read More
phil04
Read More

IMF chief warns of bigger chance world growth slows below 2%

WASHINGTON, United States — IMF chief Kristalina Georgieva warned Thursday that the chance of global growth dropping below two percent — last seen during the coronavirus outbreak and the global financial crisis of 2009 — is increasing as major economies slow. Her comments come as the world’s biggest economies grapple with fallout from Russia’s invasion […]

Read More
sin01
Read More

Wages in Singapore up despite inflation

SINGAPORE: Higher inflation ate into Singaporeans’ take-home pay this year but real median income still grew at 2.1%, an improvement over 2021’s 0.9%. This year’s growth in real income – after adjusting for inflation – was nonetheless lower than the pre-Covid-19 average of 3.8% for the years 2014 to 2019, when inflation was lower, the […]

Read More