HANOI: The Planning and Investment Ministry will focus on keeping the macro economy stable, controlling inflation and ensuring economic growth at a reasonable rate. Speaking at a conference, minister Nguyen Chi Dung said the slogan for action in 2023 would be “Seizing opportunities – Towards the future”, adding that in difficulties, there would always be […]
Read MoreMomentum is growing for the resumption of long-delayed talks between Thailand and Cambodia on joint petroleum exploration in the Gulf of Thailand, after the two countries showed interest in pushing ahead with the project. Kurujit Nakornthap, executive director of the Petroleum Institute of Thailand, is urging the government to work with Cambodia to relieve the impact of […]
Read MoreWith more and more US fashion companies looking to go for expanding and diversify their garment sourcing base after the supply chain disruption caused by the Covid-19 pandemic, Cambodia is likely to emerge as one of the beneficiaries. Around 40 percent of the US fashion companies have stated that they planned to “source from more […]
Read MoreMANILA, Philippines — Expect the Bangko Sentral ng Pilipinas (BSP) to deliver more rate hikes and bring the benchmark rate to at least six percent this year, as inflation soared above the government’s target last year, top bank economists said. HSBC Global Private Banking and Wealth chief investment officer for Southeast Asia James Cheo said […]
Read MoreVietnam’s economy totaled US$409 billion in 2022, or 10 times higher than that in 2000, according to the Government’s report released Tuesday. The country’s GDP per capita rose to US$4,110 this year, an increase of US$393 in 2021, says the report. The Vietnamese economy expanded 80.2 percent in 2022, far higher than the initial target […]
Read MoreOrders for garments and footwear have not picked up in Cambodia last year, and it will continue to decline, according to a senior official of the Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC). Ken Loo, TAFTAC Secretary General, told Khmer Times, “So far, orders for Cambodian footwear products from international markets, especially the […]
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