MANILA, Philippines — Vehicle sales in the country continued to post double-digit growth in the first two months of the year. Latest data from Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed that new motor vehicle sales reached 60,404 units in January and February, higher than the 45,069 […]
Read MoreCambodia’s public debt is still evaluated as controllable with a low risk of distress despite the country’s economy having been impacted by the Covid-19 pandemic and other external factors. As of the end of 2022, including the old debt, the Cambodian government has a total public debt of $9.99 billion, in which 99.82 percent or […]
Read MoreThe support policies would include the exemption and reduction of taxes and fees and land use fees following the Prime Minister’s directives and be reported to the Government by mid-March. HÀ NỘI — The Government has called on the Ministry of Finance for policies to support enterprises, including exemption and reduction of taxes and fees, in 2023. The […]
Read MoreCambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on which Cambodia’s economy is built. The country’s tourism industry earned […]
Read MoreThe Finance Ministry is closely monitoring the collapse of Silicon Valley Bank (SVB) to see if it has any impact on Thailand, says Finance Minister Arkhom Termpittayapaisith. He added that he was also waiting for information from the Bank of Thailand on the matter. Due to concern that the collapse could spread contagion worldwide, Mr […]
Read MorePETALING JAYA: Economists expect the moderating growth in the Industrial Production Index (IPI) to persist in the quarters ahead. Malaysia University of Science and Technology economics professor Geoffrey Williams said slowdown could be seen in export-oriented products while growth for domestic oriented production had slowed but it is not contractionary. “The slowdown in export-oriented products […]
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