Cambodia has yet to set its loan application policies to borrow funds from the Asian Infrastructure Investment Bank (AIIB) because the country can still get highly concessional rates from development partners, Minister of Economy and Finance Aun Pornmoniroth said. Mr Pornmoniroth said at a meeting with AIIB president Jin Liqun at the sidelines of the […]
Read MoreCross-border credit information exchange plays an important and necessary role in promoting the quality and efficiency of investment and business activities for 21 member economies in the Asia Pacific region. This was stated by experts at a seminar on Tuesday on this issue. Addressing the APEC seminar on cross border credit information exchange in Ninh Binh, […]
Read MoreEconomists have cautioned that cutting spending could impact Laos’ economic growth, so the government needs to further create favourable conditions to strengthen the private sector. According to the government’s recent report, investment by domestic and foreign businesses represented more than half the entire investment driving the country’s economic growth. A senior economist at the National […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (NODX) unexpectedly fell 0.7 per cent year-on-year in April, registering the first decline since October last year and a big reversal from March’s 16.5 per cent growth. Electronics exports moderated slightly to 4.8 per cent year-on-year from 5.2 per cent in March, government data showed on Wednesday (May 17). […]
Read MoreBrunei’s reliance on import of fruits and vegetables increases due to insufficient local farmers to produce agriculture produce. The issues brought forwards during a business matching session between local importing companies and farmers at Ministry of Primary Resources and Tourism (MPRT) yesterday. The session was one of the initiatives to support its Strategic Plan 2016-2020, […]
Read MoreMANILA, Philippines – The economy likely grew by about seven percent in the first quarter on the back of strong performance of the agriculture and manufacturing sectors, according to Finance Undersecretary Gil Beltran. “At first, my forecast was 6.2 percent to 7.4 percent. But now, it turns out that agriculture’s growth was high,” Beltran said, […]
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Thailand
