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Cambodia: Coping with a declining economy

Cambodia and Thailand held talks on the possibility of reopening border gates to restore the economy, according to the Embassy of the Kingdom of Cambodia in Thailand. The discussion at the embassy was led by Cambodia’s Ambassador to Thailand Ouk Sophorn and Chanitr Charnchainarong, chair of the Thailand-Cambodia Business Council,   as well as Thai businessmen. […]

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Philippines: BOP posts higher surplus

MANILA, Philippines  — The country’s balance of payments (BOP) posted a surplus for the second straight month, hitting a 16-month high of $2.43 billion in May as the national government borrowed more to soften the blow of the coronavirus disease 2019 or COVID-19 pandemic, Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Benjamin Diokno said […]

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Vietnam gov’t sticks to target to tame inflation at 4%

The Hanoitimes – While the inflationary pressure, especially driven by hikes in prices of oil and food, devalues some currencies, Vietnam’s inflation target would remain unchanged. With the average consumer price index (CPI) expanding 4.19% in the first six months of 2020, the target of curbing inflation below 4% set for this year remains feasible, according […]

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