Cambodia is expected to have direct air links with all Asean member states this year, with the exception of only Brunei, as two new airlines connecting the Kingdom to the Philippines and Indonesia will launch this year. Philippine Airlines (PAL) announced it will launch a flight service to Phnom Penh from Manila in April. Last […]
Read MoreSOUTH KOREA’S Woori Bank has partnered with Southeast Asian ride-hailing giant Grab’s Cambodia office to offer low-interest loans and other specialised financial products to Grab drivers in the country, the bank said on Thursday. WB Finance, the Cambodian business unit of Woori Bank, signed a memorandum of understanding with Grab Cambodia, to launch a series […]
Read MoreThe government believes the manufacturing sector will be the new engine of economic growth for Indonesia and will, therefore, focus on its development in the next five years. National Development Planning Agency (Bappenas) head Bambang Brodjonegoro said developing the manufacturing sector was vital to increasing Indonesia’s potential GDP growth and, at least, maintain the growth […]
Read MoreTokopedia continued to attract the most website visitors on average, with up to 168 million visits, which is an increase of almost 10 percent from the previous quarter. (Shutterstock/William Potter) Indonesia’s e-commerce scene is surely an exciting one. Last year, its online market transactions were recorded as the highest in Southeast Asia, with sales volumes reaching […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to keep interest rates unchanged to allow the economy to absorb the effects of the previous rate hikes. In a statement, BSP Governor Nestor Espenilla said the Monetary Board believes the prevailing monetary policy remains appropriate after the tightening episode that saw interest rates rise by […]
Read MoreTaking advantage of the close proximity and strong taste for affordable Thai products, manufacturers from Thailand continue to double their efforts to maintain a strong foothold in Cambodia’s ever-growing consumer market. The domestic demand for consumer products is flourishing in the Kingdom, largely fuelled by rising income plus the existence of a young population, and […]
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