Cambodia’s technology-based startups have grown rapidly in recent years, with the supporting ecosystem boosted by policies and infrastructure geared toward their development, according to a new report by the Asian Development Bank (ADB). Programmes including Khmer Enterprise and the Startup Cambodia National Programme have emerged to help startups in areas such as digital platforms, seed […]
Read MoreThe Indonesian government will issue a decree that manages the country’s marine fisheries based on capture quotas, prompting concerns from experts that the new strategy may threaten the sustainability of fish stocks. Several marine observers note that more than half of fishing zones in Indonesia are already “fully exploited.” They also take issue with the […]
Read MoreRising inflation, weakening peso MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may consider more aggressive rate hikes in August than the signaled 25-basis-point gradual increase amid concerns of quickening inflation and depreciating peso. BSP Governor Felipe Medalla told reporters the central bank’s Monetary Board may consider bigger rate hikes to anchor inflation expectations […]
Read MoreThe Thai government is being urged to accelerate the stimulation of border trade and establish joint special economic zones with bordering countries to boost trade and investment. Such a move could help offset the impact from a spate of risks to the global market, such as a prolonged Russia-Ukraine war, an energy crisis and a […]
Read MoreMany business fields have been witnessing a rapid recovery after the Covid-19 outbreak. However, difficulties are ahead as they lack capital and petrol prices are escalating. Workers at Quang Map Restaurant in District 1 in HCM City are busy these days as the restaurant is always crowded. Several months ago, the restaurant owner thought that […]
Read MoreIn its Consumer Payment Attitudes 2021 study, Visa highlights a rapidly changing payment landscape in Cambodia, with cash losing ground to digital alternatives, said Visa in a news release issued on June 29. Fourteen percent of Southeast Asian consumers currently do not use cash and this trend is led by consumers in Cambodia (36 percent), […]
Read More
Thailand
