The General Department of Customs and Excise earned $1.4 billion in revenue during the first half of 2019, up 25.5 percent compared to the same period last year. For in depth analysis of Cambodian Business, visit Capital Cambodia By June, GDCE had collected 65 percent of its target for the whole year, according to the latest […]
Read MoreBusiness operators have hailed the new government’s policy manifesto, but added they are curious to see if it can be implemented quickly. The private sector is calling for transparency in policy implementation and economic stimulus measures such as improving crop prices and solving bearish exports. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said […]
Read MoreMANILA, Philippines — Debt watcher S&P Global Ratings expects more rate cuts from the Bangko Sentral ng Pilipinas (BSP) over the next two years amid the continued inflation downtrend and soft economic growth. In a report, S&P said it expects the BSP to slash interest rates by 75 basis points this year and by 50 […]
Read MoreConnecting China’s renewed outbound investment focus with Southeast Asia’s infrastructure needs should be a priority for Thailand if it is to achieve greater economic resilience over the medium term. At their recent summit in Bangkok, Asean government leaders noted the importance of foreign investment in infrastructure, technology and industrial productivity in order to maintain the […]
Read MoreThe Hanoitimes – As of June, Vietnam’s shipping fleet has 1,568 ships with cargo-carrying capacity of 7.8 million DWT, while the average fleet age is 15.6, 5.2 years younger than the global average of 20.8. Statistics from the United Nations Conference on Trade and Development (UNCTAD) showed Vietnam’s shipping fleet currently ranks 30th the world […]
Read MoreJAKARTA: Indonesia must brace for a long period of global monetary policy easing, which will open the door for more interest rate cuts in South-East Asia’s biggest economy and a possible surge in foreign inflows, the nation’s newest central banker said. Destry Damayanti, 55, was approved by the parliament yesterday as the senior deputy governor […]
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