Cambodia’s insurance industry recorded a total premium of 93.3 million U.S. dollars in the first quarter (Q1) of 2023, up 5.6 percent from 88.3 million dollars in the same period last year, a report showed on Tuesday. The growth was generated from 18 general insurers, 14 life insurers, seven micro-insurance companies and one reinsurance firm, […]
Read MoreThe Ministry of Industry and Trade’s E-commerce and Digital Economy Agency said it will coordinate with Amazon Global Selling to organise a cross-border e-commerce conference to help Vietnamese businesses seek online export opportunities. The event, which will see the participation of successful sellers on the Amazon network, also aims to raise awareness of the domestic […]
Read MoreJAKARTA: Inflation has dropped to the lowest level in 12 months and is now back within Bank Indonesia’s (BI) target range, yet a swift reduction of interest rates is not expected. Analysts believe currency volatility and a lack of clarity about the monetary policy of the United States Federal Reserve (Fed) will deter BI from […]
Read MoreThe country’s rate of inflation last month plunged to a 21-month low attributed to decreasing fuel prices and electricity bills as well as a high price base in May last year, with the rate expected to continue easing in June. According to Wichanun Niwatjinda, deputy director-general of the Trade Policy and Strategy Office, inflation in June […]
Read MoreCambodia and Thailand launched the second phase of their cross-border QR payment system, which aims to promote the use of local currencies, financial inclusion and cross-border trade and tourism. Chea Chanto, Governor of the National Bank of Cambodia, and Dr. Sethaput Suthiwartnarueput, Governor of the Bank of Thailand, attended the launching ceremony in Phnom Penh […]
Read MoreMinister of Information and Communications Nguyen Manh Hung says that the portion of the digital economy to GDP by the end of 2023 may reach over 17 percent, and with good solutions to stimulate the economy, the figure may reach 25 percent by 2025. The analysis of 12 economies in Asia Pacific conducted by Access […]
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