Numerous members of the Cambodia Rice Federation (CRF), the body tasked with lobbying on the sectors behalf, have stopped paying membership dues and export fees, claiming that they cannot afford to as the industry continues to struggle with high production costs and regional export competition. According to the terms of CRF membership, each miller is […]
Read MoreThe national index of industrial production (IIP) was estimated to rise 7.4 per cent in April, the Vietnam News Agency (VNA) reports. VNA quoted an announcement released on May 1 by the General Statistics Office (GSO) as reporting that in April, the IIP of the mining sector saw a drop of 5.6 per cent, while […]
Read MoreConsumer prices, which gauge the country’s inflation rate, rose for a 13th straight month in April, albeit at a slower pace, boosted largely by higher oil and finished food prices. The Commerce Ministry said the consumer price index (CPI), based on 422 products and services, rose 0.38% last month year-on-year but eased from 0.76% in […]
Read MoreJAKARTA (REUTERS) – Indonesia’s economy is expected to have grown slightly faster in the first quarter of 2017, thanks to improved exports, a Reuters poll showed. South-east Asia’s largest economy was seen expanding 5 per cent in the January-March period on an annual basis, according to the median forecast of 18 analysts in the poll. […]
Read MoreThe government aims to attract 30 leading multinational firms to invest in the Eastern Economic Corridor (EEC), which is a designated to serve as Thailand’s new growth engine with high-tech and innovative clusters, over the next two years. Under the plan, 10 leading international companies will be solicited in the first year, said Kanit Sangsuphan, […]
Read MoreIllicit financial flows in and out of Cambodia starved the Kingdom of at least $360 million in lost taxes annually between 2005 and 2014, according to a new report. The US-based nonprofit Global Financial Integrity (GFI) measured illicit financial flows – the illegal movement of money or capital from one country to another – and […]
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Thailand
