Cambodia’s economic policies are relatively liberal for the region, and its investment and trade regimes remain attractive. However, being a small and open economy, Cambodia is susceptible to external changes and shocks. Global trade growth slowed in the second half of 2022 and further deceleration is projected for 2023. With the global growth outlook appearing […]
Read MorePrime Minister Prayut Chan-o-cha assigned the Finance Ministry and relevant agencies on Tuesday to study the possibility of extending the excise tax cut on diesel of 5 baht per litre, which is scheduled to end on July 20 this year. According to Energy Minister Supattanapong Punmeechaow, Gen Prayut has entrusted the matter to the Finance Ministry […]
Read MoreJakarta. Bank Indonesia said Tuesday that retail sales grew in May as reflected in the Real Sales Index (RSI) which stood at 234.2, up slightly by 0.02 percent year-on-year. Bank Indonesia spokesman Erwin Haryono said the positive performance of retail sales was driven by the food, beverage, and tobacco group, as well as the apparel subgroup, […]
Read MoreThe total trade volume between Cambodia and its partners around the world reached more than $19 billion in the first five months of 2023, down 14 percent compared to the same period last year. Figures from the General Department of Customs and Excise at the Ministry of Economy and Finance showed that Cambodia exported almost […]
Read MoreMANILA, Philippines — The inflow of foreign direct investments (FDI) dropped by 30.7 percent to $548 million in March from $792 million in the same month last year amid investor concerns over subdued global growth prospects, according to the Bangko Sentral ng Pilipinas (BSP). This brought the first quarter FDI inflow to $2.04 billion, 19.6 […]
Read MorePRIVATE-SECTOR economists downgraded their full-year economic growth forecast for Singapore to 1.4 per cent this year in a quarterly survey, following a brief uptick in the previous edition. Gross domestic product is now expected to be weighed down by a contraction in the manufacturing sector, as well as a deeper slump in non-oil domestic exports, the survey […]
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Thailand
