Bad weather, floods and rising Covid-19 cases in the Kingdom have stymied the planned recovery of Cambodia’s tourism sector. The country recorded more than 210,000 tourist last weekend. Thong Khon, Minister of Tourism, presented the weekly tourism statistics for July 24-25 and stated that there were 213,590 tourists, consisting of 192,050 nationals and 21,540 foreigners. […]
Read MoreThe State Bank of Vietnam is facing multiple pressures in 2022 in managing the foreign exchange rate The State Bank of Vietnam is facing multiple pressures in 2022 in managing the foreign exchange rate, such as net withdrawal of hundreds of billions of dongs through the treasury bill channels, selling of foreign currency from reserves, […]
Read MoreThailand’s car manufacturing is likely to fall short of a target of 1.8 million units this year due to various factors, notably the protracted global semiconductor shortage, says the Federation of Thai Industries (FTI). Earlier it was expected Thailand would produce 1 million cars for export with the remaining 800,000 units for the domestic market, […]
Read MoreMANILA, Philippines — More Filipinos are keeping their money in banks as total deposits went up by 7.7 percent to P12.8 trillion as of end-March, according to the Bangko Sentral ng Pilipinas (BSP). The central bank said demand deposits inched up by 1.9 percent quarter-on-quarter, while savings deposits slipped by 1.6 percent and time deposits […]
Read MoreThe Belt and Road Initiative (BRI) projects have played a “monumental role” in infrastructure development and connectivity in Cambodia, said the country’s Deputy Prime Minister and Foreign Minister Prak Sokhonn. In a recent written interview with Chinese media, Sokhonn said massive infrastructure projects including roads, bridges, seaports, airports, railways, hydropower dams and communication satellites, among […]
Read MoreSINGAPORE’S core inflation hit 4.4 per cent in June – up from 3.6 per cent in May, and the first time that it has breached the 4.0 per cent handle since end-2008. Meanwhile, headline inflation – which includes accommodation and private transport costs – surged to 6.7 per cent, from 5.6 per in May, according […]
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