(KPL) Malaysia has been ranked the 4th largest foreign direct investor in Laos following China, Vietnam and Thailand with many Malaysian investment projects reported in hydropower industry and special economic zones. Malaysia Ambassador to Laos Mohd Aini Atan told Mrs Khemmani Pholsena, Minister of Industry and Commerce on Wednesday that Malaysian investors were keen to continue […]
Read MoreIndustrial park operator Phnom Penh SEZ posted nearly a $2 million decrease in revenue for the first half of this year compared to the same period last year, with only 1.1 hectares of land sold across the group’s properties, according to a release on Cambodia Securities Exchange yesterday. Revenues for the company decreased from nearly […]
Read MoreConsumer credit in Cambodia continued to grow during the second quarter of this year, although at a more moderate pace with loan applications decreasing, according to the latest report from the Credit Bureau Cambodia (CBC). According to the report, the total number of consumer loan applications in the second quarter of this year was around […]
Read MoreHANOI – Vietnam and Cambodia share several economic characteristics, but Vietnam’s larger, more diverse economy has the greater capacity to absorb shocks, said a Moody’s report released on Tuesday. The credit rating agency’s conclusions are contained in the report titled “Governments of Cambodia and Vietnam – Vietnam’s economic diversity supports stronger credit profile, despite higher […]
Read MoreMANILA, Philippines – The peso continued yesterday to lose more ground against the dollar, shedding 26 centavos to close at its weakest level in almost 11 years. The local currency closed at 51.34 from Monday’s 51.08 to $1. This was the weakest level for the peso since closing at 51.38 to $1 on Aug. 25, […]
Read MoreTEMPO.CO, Jakarta – In his speech at the House of Representatives Plenary Meeting, President Joko Widodo or Jokowi assured that the government is always cautious regarding debts used for Indonesia’s development. “The debt-to-GDP ratio remains under 30 percent and the State Budget deficit is under 3 percent,” said the President on Wednesday, August 16. Jokowi argues that […]
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