MANILA, Philippines – Economists of private banks expect higher inflation in 2017 due to weaker peso, high oil and electricity prices, and the possible implementation of tax reform, a survey by the Bangko Sentral ng Pilipinas (BSP) showed. Results of the Private Sector Economists’ Survey of the BSP showed mean inflation forecast for 2017 rose […]
Read MoreThe palm sugar business in Cambodia is still in its infancy, with small- and medium-sized enterprises (SMEs) fighting an uphill battle to stay afloat in the midst of dwindling raw sugar supplies and competition from producers of adulterated sugar. Keo Chet, CEO of Natural Gold Palm Sugar, recently spoke to Khmer Times’ Sok Chan and […]
Read MoreConfluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. Can you describe the current work of Confluences Asia in […]
Read MoreExports in March rose sharply by 9.2% year-on-year, with total shipments in the first quarter up by 4.9%, the highest quarterly growth in four years. Exports surged well above expectations in March, after declining the previous month, helped by strong demand for rubber and computers, in an encouraging sign for the export-dependent economy still trying […]
Read MoreMANILA, Philippines – The Philippines is expected to post an improvement in the World Bank’s “Doing Business” report this year but will likely fall short of cracking the top third of the global rankings, Trade Secretary Ramon Lopez said. Lopez, who co-chairs the National Competitiveness Council (NCC), said the country can expect a modest two […]
Read MoreThe Ministry of Economy and Finance (MEF) is planning to form a joint committee chaired by government officials and microfinance institutions (MFIs) to promote small loan disbursements as the new 18 percent loan interest rate cap takes effect, according to an announcement released by the government on Friday. The initiative was announced after representatives from […]
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