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Cambodia: Kingdom focuses on economic diplomacy to boost growth

Cambodia has promoted economic diplomacy to attract investors, businessmen, and tourists as the country’s socio-economic activities have been resumed. The Ministry of Foreign Affairs and International Cooperation organised a national consultation workshop on ‘economic diplomacy in the new normal’ with support from China’s Lancang-Mekong Cooperation (LMC) Special Fund yesterday. The workshop, held in a hybrid […]

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Philippines: Rice tariff collection grows by 14%

MANILA, Philippines — Tariff collected from rice imports grew by 14 percent to more than P8 billion in the five months to May, closing in on the yearly P10-billion target for the Rice Competitiveness Enhancement Fund (RCEF) intended for palay farmers. In a report, the Bureau of Customs (BOC) said revenue from rice imports went […]

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Malaysia: Insight – Soaring prices may hamper recovery

THE rising inflationary pressure both globally and domestically has certainly stolen the limelight in recent weeks. Despite the implication on policy developments, large segments of the low and middle-class population are grappling with the increasing prices of goods and this has eventually threatened consumer spending and increased the cost of living. Costlier raw materials, supply […]

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Thailand: TNSC sticks with export growth projection of 5-8%

Thai exports are projected to eke out growth this year as expected, despite emerging signs of an economic slowdown in the US and EU. Chaichan Charoensuk, president of the Thai National Shippers’ Council (TNSC), said he remains confident outbound shipments will grow as projected because China’s economy remains in good shape and Thai exports are […]

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