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Cambodia: Circulation of riel rises 33%

The share of riel in circulation in the Kingdom grew by about 33 per cent year-on-year by last year’s end as deposits in riel increased by 37 per cent, said the National Bank of Cambodia (NBC) 2019 Review and 2020 Outlook report. The report noted a steady rise in demand for the local currency, with […]

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Thailand: World Bank rings alarm on GDP view

The World Bank has warned that Thailand’s average annual economic growth will be stuck below 3% if there is no significant increase in investment and productivity growth. The recent growth slowdown suggests long-run structural constraints, with slowing investment and low productivity growth, according to the World Bank’s Thailand Economic Monitor report. Productivity growth fell to […]

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Headwinds in Myanmar

The economic outlook for Myanmar for the coming year looks resilient, but the country faces enormous risks posed by internal tensions and international economic trends, according to the World Bank. In its latest Myanmar Economic Monitor — released last week and published every six months — the World Bank predicted that the country’s grow domestic product would […]

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Lao SEZs aiming for increase in investors, employees

Laos’ Special and Specific Economic Zone (SEZ) Promotion and Management Office and domestic SEZ authorities are gearing up to promote operations in various zones across the nation. This year, the office will attract at least 163 firms with high quality investment capacity and encourage registered companies to implement their operational agreements. Last year, 202 companies […]

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