A delegation from a high-end fashion and accessories producer has decided on Cambodia as their investment destination. They came to this conclusion after having met the Minister Delegate to the Prime Minister and Secretary General of the Council for Development of Cambodia (CDC), Sok Chenda Sophea yesterday. The delegation held detailed discussions on the necessary […]
Read MoreThe Thai baht is expected to have a strong year in 2023, buoyed by an influx of Chinese tourists and slowed US rate hikes. Bangkok Post reports that Thailand’s currency may get a boost from a potential rise in the Consumer Price Index (CPI), as well as the US Federal Reserve Bank’s tightening cycle nearing its end. […]
Read MoreCambodia exported 637,004 tons of milled rice to international markets in 2022, up 3.2 percent, from 617,069 tons a year earlier, the Cambodia Rice Federation (CRF) said in a news release on Tuesday. The Southeast Asian nation earned 414 million U.S. dollars in revenue from the exports of the commodity to 59 countries and regions […]
Read MoreAs 2022 drew to a close, we enter 2023 still facing serious challenges but Cambodia is in a far more economically positive place than it was a year ago. There are actually some really exciting milestones due to take place in the coming year and the trends are shifting to potentially healthier sector outlooks and […]
Read MoreThe race to be Southeast Asia’s best-performing currency in 2023 looks like it could be between the Thai baht and Singapore dollar. The baht is set to be powered by an influx in Chinese tourists after Beijing rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. […]
Read MoreKUALA LUMPUR: Malaysia’s manufacturing sector continued to face challenging business conditions in December 2022, with the manufacturing purchasing managers’ index (PMI) easing to 47.8 against 47.9 in November, S&P Global said. “This marked a fourth consecutive softening of operating conditions across the Malaysian manufacturing sector,” it said in a statement. The latest moderation, though broadly […]
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