Cambodian goods exports to India reached $91.526 million in the first four months of 2023, Customs (GDCE) reported, as King Norodom Sihamoni makes his maiden visit to the world’s most populous country, marking the culmination of celebrations of the 70th anniversary of diplomatic ties between the two nations. This figure represented a 64.2 per cent […]
Read MoreSINGAPORE – Fewer resale condominium units changed hands in April, while prices inched up by 1.2 per cent, according to flash data released by real-estate portals 99.co and SRX on Tuesday. An estimated 919 units were resold, a 17.9 per cent decrease from the 1,119 units resold in March. Prices of resale condo units in central […]
Read MoreThe dollar value of Thai exports fell for a seventh straight month in April, down 7.6% from a year earlier, the Ministry of Commerce said on Tuesday, as global demand remained slow. The decline was far more than the 2% fall forecast in a Reuters poll of economists, and came after a 4.2% drop in […]
Read MoreSINGAPORE – Employers in Singapore hiked total wages by the most in a decade in 2022 because of the tight labour market, but high inflation slashed real pay rises to less than in the previous year. Nominal wages, which do not account for inflation, jumped 6.5 per cent in 2022, up from 3.9 per cent in […]
Read MoreA new financial outlook released on Tuesday said that the Baht has become increasingly volatile, which has also affected foreign investment in Thailand. A financial analysis by Kasikorn Research Center, a research company and a subsidiary of KBank in Thailand, has said that internal and external factors like the US interest rate outlook; the Yuan outlook and […]
Read MoreA leading developmental economist and expert on Cambodian economic affairs has urged the government to scrutinise Foreign Direct Investments (FDIs) before giving the nod for implementation. Dr Jayant Menon, Senior Fellow at Yusof Ishak Institute, Singapore, ex-board director of Cambodia Development Resource Institute and formerly Lead Economist at the Asian Development Bank, said the country’s […]
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