The Cambodian government had a total public debt stock of $10.23 billion as of March 2023, according to the Cambodia Public Debt Statistical Bulletin, published by the Ministry of Economy and Finance. The public debt comprised 67 percent from bilateral Developing Partners (DPs), 33 percent from multilateral DPs and 0.41 percent public domestic debt, the […]
Read MoreSINGAPORE: Singapore’s economy is forecast to grow 1.4% this year, a central bank survey of economists shows, down from a previous projection of 1.9%, as spillovers from an external slowdown threaten the trade-sensitive city-state. More robust growth in China, underpinned by economic re-opening and macroeconomic policy easing, were the top upside risks to Singapore’s growth […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is strengthening the guidelines on reconciliation and dispute handling for settlement and crediting issues in electronic fund transfers to further boost consumer protection. The regulator aims to provide reconciliation and dispute handling mechanisms for issues encountered on settlement and crediting electronic fund transfers under the National […]
Read MorePrime Minister Hun Sen has instructed provincial governors to develop their provinces by attracting more investments, which will create jobs for local people and contribute to economic development. In a meeting with garment workers in the provinces last week, the Prime Minister said that the government has been building the physical infrastructure to connect with […]
Read MoreGlobal online travel agents (OTAs) remain bullish about Thai tourism growth this year, driven by a strong wave of arrivals. Wilfred Fan, chief commercial officer at Klook, an online travel platform, said the company reported a 1,200% increase year-on year in bookings for activities in Thailand in the first five months of 2023. Klook’s top five […]
Read MoreMANILA, Philippines — The Philippines saw a higher trade deficit even as the value of the country’s agricultural trade fell by 8.6 percent in the first quarter amid lower exports and imports, according to preliminary data from the Philippine Statistics Authority (PSA). The country’s total agricultural trade reached $5.9 billion in the January to March […]
Read More
Thailand
