Prime Minister Hun Sen departs today for the India-Asean Summit hosted in New Delhi, aiming to boost cooperation and expand a historically minor trade relationship with the world’s seventh largest economy. The two-day summit begins on Thursday and comes on the heels of a draft agreement passed by Cambodia’s National Assembly on January 15, which […]
Read MorePETALING JAYA: A 25 basis-point hike in the overnight policy rate (OPR) could be announced by Bank Negara’s monetary policy committee (MPC) today, say analysts from two research firms. Chief economist at AmBank Group Anthony Dass said there was room for Bank Negara to raise rates by 25bps due to the stronger ringgit against the […]
Read MoreMANILA, Philippines — The strong economic expansion in 2017 has given monetary authorities ample space to focus on meeting the inflation target and push market reforms, according to the Bangko Sentral ng Pilipinas. BSP Governor Nestor Espenilla Jr. said the strong gross domestic product (GDP) result in the fourth quarter and in 2017 confirm the […]
Read MoreThe Hanoitimes – A delegation of representatives from 40 Japanese processing and manufacturing firms is now in Vietnam to explore business and cooperation opportunities in the Southeast Asian nation. At the meeting with Minister of Planning and Investment Nguyen Chi Dung on January 22 in Hanoi, Yasuzuka Irino, vice chairman of the Japan External Trade Organization […]
Read MoreNew proposed rules from the European Union restricting the import of palm oil would likely affect Cambodia’s nascent palm oil sector, but the country’s main exporter is hoping that demand from India and China will cushion the blow. Cambodia’s palm oil exports rose by a whopping 143 percent last year, according to Ker Monthivuth, a […]
Read MoreKUALA LUMPUR: Malaysia’s inflation rose 3.4% in November from a year ago due to higher fuel costs but the increase was below the forecast of a 3.5% increase. The Statistics Department said on Wednesay the inflation rate, as measured by the consumer price index (CPI) was up 0.7% from October. Core inflation rose 2.2% in […]
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Thailand
