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Cambodia: Insurers’ income rising, for now

The Kingdom’s insurance gross premiums grew 21.4 percent in the first quarter of this year compared with the same period last year, according to a report from the Insurance Association of Cambodia (IAC). The quarterly report shows that the gross premium for general insurance reached to $32.76 million, an increase from $26.98 million compared with […]

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Malaysia’s GDP to grow 1.2pc next year, says minister

KUALA LUMPUR (BERNAMA) – International agencies have forecast that Malaysia’s gross domestic product (GDP) in 2021 will be in the range of 6.3 per cent to 7.5 per cent, said Tengku Datuk Seri Zafrul Abdul Aziz. The Malaysian Finance Minister said the projections are subject to Malaysia’s continued success in managing COVID-19, as well as in steering and nurturing the economy […]

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Brunei: Sultanate records BND1.1B total trade in April 2020

Brunei Darussalam’s total trade valued at BND1,143.7 million, a decrease by 2.2 per cent from BND1,170.0 million during the same month last year. Meanwhile, for the month-to-month changes, total trade for April 2020 decreased by 19.3 per cent compared to March 2020. The Department of Economic Planning and Statistics (JPES) of the Ministry of Finance […]

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Philippines: Inflation accelerates to 2.5% in June

MANILA, Philippines ? Inflation accelerated to 2.5 percent in June after four consecutive months of slowdown, driven by increases in the cost of transportation, particularly tricycles, which hiked fares by more than a hundred percent to recoup losses during the lockdown and cope with limited passenger carrying capacity, according to the Philippine Statistics Authority (PSA). […]

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Myanmar: The exports earnings from the fisheries sectors reached over USSD $ 700 million in the 2019 – 2020 fiscal year

Export earnings from the fisheries sector during the period between 1 October and 26 June in the 2019-2020 financial year reached US$703.7 million, an increase of $105 million from the year-ago period, according to the statistics released by the Commerce Ministry.  The figures stood at just $598.7 million during a-year ago period.  During the current […]

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Vietnam to increase rice exports to EU under EVFTA

Rice quotas for Vietnam under the EVFTA are expected to push Vietnam’s rice exports up from the second half of this year, according to the Ministry of Industry and Trade (MoIT). Under the Viet Nam-EU Free Trade Agreement (EVFTA) effective from August 1, the EU pledges to provide an annual rice quota of 80,000 tonnes […]

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