The tricky task of maintaining regional economic unity may come to the fore when Cambodia takes over the ASEAN chair from Brunei next year. The nation will get a taste of the reins before then, when it hosts the 13th Asia-Europe Summit (ASEM13) in November before formally taking over leadership of the regional body from […]
Read MoreThe Covid-19 pandemic has forced many changes to the retail market, to the point that reinvention and reformatting have become essential for survival at a time when restrictions are everywhere. In recent years, we have seen the rise of food trucks as an effective and agile way to introduce new brands while reducing the cost […]
Read MoreThailand’s central bank left its key interest rate unchanged at a record low on Wednesday, as widely expected, but lowered its 2021 economic growth forecast as the country struggles with a third wave of coronavirus infections. The Bank of Thailand’s (BoT) monetary policy committee voted unanimously to hold the one-day repurchase rate at 0.50% for […]
Read MoreSINGAPORE consumer prices rose at a faster clip in May, up by 2.4 per cent year on year, with a boost from the low base of a pandemic-related downturn the year prior. Headline inflation has now registered its highest level since May 2014. It was a pick-up from 2.1 per cent the month before, and […]
Read MoreKUALA LUMPUR: The World Bank has lowered Malaysia’s GDP growth to 4.5% this year from 6% earlier amid a dramatic resurgence of the Covid-19 virus beginning in mid-April 2021. This recent spike in infections is raising concerns about the overall capacity of Malaysia’s health system and the effects of the ongoing cycle of opening and […]
Read MoreThe government’s lifting of its temporary ban on frozen meat supplies from India is being viewed as a positive development for that nation’s meat exporters. The ban had been put in place last month because of a fear of Covid-19 virus contamination. The Indian Embassy in Phnom Penh maintained a position throughout the ban that […]
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