The World Bank will approve the disbursement of $1 billion to Cambodia to develop priority sectors in the next five years, according to the Ministry of Economy and Finance. For in depth analysis of Cambodian Business, visit Capital Cambodia The announcement was made by a World Bank delegation during a recent meeting with Acting Minister of […]
Read MoreMANILA, Philippines — The likely entry of more administration allies in the Senate ensures policy continuity during the remainder of President Duterte’s six-year term and is seen to ease the passage of economic reforms, financial experts said. “The strong performance by Duterte’s supporters in the midterm elections should lead to further progress on pushing through […]
Read MoreThe University of the Thai Chamber of Commerce (UTCC) on Thursday lowered its GDP growth forecast to 3.5% from February’s 3.8% view, blaming the deepening US-China trade row’s impact on Thai exports. Thanavath Phonvichai, vice-president for research at the UTCC, attributed the cut to six key risk factors: the intensifying trade war between the US and China; […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose to a more than two-week high on Thursday evening on better demand for the edible oil, moving up for the fourth straight day as they tracked gains in soyoil on the U.S. Chicago Board of Trade. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was last up 2.5% […]
Read MoreSINGAPORE: Singapore’s non-oil domestic exports (NODX) fell more than expected in April from a year ago, hurt by fewer shipments to most major trading partners and a plunge in pharmaceutical sales, official data showed on Friday. Exports fell 10% in April year-on-year, data from the trade agency Enterprise Singapore showed, slightly better than a revised […]
Read MoreHONG KONG, May 16 (Xinhua) — Those parts relating to Hong Kong and five Association of Southeast Asian Nations (ASEAN) member states, under the Investment Agreement (IA) between Hong Kong and ASEAN, will enter into force on June 17, a spokesman for China’s Hong Kong Special Administrative Region (HKSAR) government said on Thursday. Upon the […]
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