Bilateral trade between Cambodia and the U.S. was valued at $5.8 billion in the first ten months of this year, a year-on-year increase of 16 percent. Figures from the U.S. Census Bureau show that from January to October 2020, Cambodia exported $5.5 billion worth of products to the U.S., up 21 percent. At the same […]
Read MoreExperts say there is great potential for social payments in Vietnam thanks to the high number of social media users. For example, if you want to buy goods from a seller on Facebook, you can reach an agreement about the price, and then the seller will send a request for payment through the chat box. […]
Read MoreMANILA, Philippines — Business group Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) expects the economy to recover and post a 7.5 percent growth by next year with the further reopening of more sectors. “We at the FFCCCII strongly support the country’s approach to gradually reopen our Philippine economy, while still upholding strict […]
Read MoreKUALA LUMPUR: Fitch Rating’s decision to downgrade Malaysia’s long-term foreign currency issuer default rating (IDR) to BBB+ from A- is unlikely to impact its financial markets on a sustained and significant basis, RHB Research said. It said on Monday the downgrade was unlikely to be followed by S&P and Moody’s in the next few months. […]
Read MoreThailand’s current account surplus is set to shrink in 2020 before recovering gradually through 2021. In the period from January to August, the cumulative current account balance shrank by 38.2% year-on-year as the services account proved a more significant drag than we had anticipated. Indeed, our downward forecast revision for a shallower current account surplus […]
Read MoreThe Hanoitimes – The inflation in 2020 is forecast at 3.3%, significantly lower than the target of 4% set by the government. Current low inflation is opening up room for the State Bank of Vietnam (SBV), the country’s central bank, for further cutting its policy rates and aid the economic recovery process. November consumer price index […]
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Thailand
