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Cambodia: Taking the plunge into a new business

Although Cambodia is not known to many divers around the world, it has some of the most untouched marine life to be found and makes it a perfect destination for the sport. The nation has a long coast with many white beaches and clear waters as well as numerous islands that compare favourably with many […]

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Philippines: Government borrowings rise to P1.22 trillion

MANILA, Philippines — The government has raised P1.22 trillion from both domestic and foreign lenders in the first four months as it ramped up its borrowings to finance coronavirus response measures, according to the Department of Finance (DOF). Citing data from the Bureau of the Treasury (BTr), the DOF said national government borrowings from January […]

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Thailand: Added local travel perks shaping up

The Finance Ministry is poised to launch a fresh package to encourage domestic travel on weekdays, aiming to boost the country’s GDP by 0.2-0.3 percentage points. The Fiscal Policy Office (FPO) is sorting out measures to prod people to travel more on weekdays to comply with Deputy Prime Minister Somkid Jatusripitak’s policy to add value […]

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The bilateral trade between Sino – Myanmar border trade falls by USD $ 95.7 million in the first three quarter of 2019 – 2020 fiscal year

Sino-Myanmar border trade has registered a decrease of US$95.7 million between 1 October and 26 June in the current fiscal year 2019-2020, according to the Ministry of Commerce.  Data from the Ministry of Commerce shows the value of Sino-Myanmar border trade at all five borders touched over $4.4 billion in the current fiscal, which significantly […]

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Philippines: GDP expected to contract further

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects the economy to contract for the remaining quarters of the year amid the more disruptive impact of the COVID-19 pandemic. BSP Governor Benjamin Diokno said the country’s gross domestic product (GDP) may further shrink until the end of the year after contracting by 0.2 percent […]

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