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Cambodia: Project to connect buyers to local produce suppliers

USAID Cambodia officially launched its Feed the Future Cambodia Harvest II project yesterday, a five-year initiative that aims to promote commercial horticulture in four Cambodian provinces and help smallholder farmers gain access to markets, reducing the country’s high dependence on imported fruits and vegetables. The $17 million US-government funded project will use a buyer-led approach […]

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Thailand: E-commerce value gauged at B2.8tn

Thailand’s e-commerce value is projected to reach 2.8 trillion baht this year, growing 9.8% from last year thanks to the popularity of online retail commerce (B2C). For the first time, Thailand’s B2C market in 2016 was the largest in Asean with a value of US$19.6 billion (652 billion baht), followed by Malaysia at $17.5 billion, […]

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Indonesia: Rupiah Predicted to Keep On Weakening: Analyst

TEMPO.CO, Jakarta – Bina Artha Sekuritas senior analyst Reza Priyambada predicts that Rupiah will continue to weaken caused by the minimum positive sentiment domestically and internationally. “Rupiah is predicted to move around 13,401 at its peak and 13,319 at its weakest,” said Reza today on Thursday, September 28. The market, Reza observed, tends to enter safe heaven […]

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Vietnam’s trade value up 21.4% in nine months

HANOI — Vietnam witnessed a year-on-year increase of 21.4 per cent in total trade value from January 1 to September 15 to US$289.14 billion, according to the General Department of Customs. However, total trade value in the first half of September dropped by 11.7 per cent to $2.44 billion against the same period last year. Meanwhile, the nation gained trade […]

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Philippines: Low interest rates a downside risk

Macroeconomic stability could be threatened by the Philippines’ record low interest rates, a Fitch Group unit warned. “We highlight the risk that the record low interest rates may lead to speculative and unproductive investment decisions, posing increasing downside risks to macroeconomic stability in the coming years,” BMI Research said in a report released on Wednesday. […]

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