In its Consumer Payment Attitudes 2021 study, Visa highlights a rapidly changing payment landscape in Cambodia, with cash losing ground to digital alternatives, said Visa in a news release issued on June 29. Fourteen percent of Southeast Asian consumers currently do not use cash and this trend is led by consumers in Cambodia (36 percent), […]
Read MoreSINGAPORE’S Ministry of Trade and Industry (MTI) and Malaysia’s Ministry of International Trade and Industry (MITI) have agreed to begin discussions on Frameworks of Cooperation in the digital economy and green economy, with a view to concluding the Frameworks this year, both ministries said in a joint release on Thursday (Jun 30). Singapore’s Minister for […]
Read MorePETALING JAYA: The higher ceiling price for broiler chickens and eggs may only provide “slight relief” to Malaysian poultry players, who have been battling margin compression for the past several months. TA Research analyst Tan Kam Meng described the recently-announced hike in ceiling price for chickens as only “marginal”. He also said that the increase […]
Read MoreMANILA, Philippines — Factory gate prices remained in an upward trend in May, as increments have been recorded in nearly the entire majority of industry groups, the Philippine Statistics Authority (PSA) said. Latest data from PSA showed that the Producer Price Index (PPI) for May accelerated 6.9 percent, faster than the 6.3 percent in April. […]
Read MoreThe government’s controversial plan to collect a windfall tax from oil refineries to support the dwindling Oil Fuel Fund may face a one-month delay because of legal complications in charging the new tax, says a source from a refinery company. Six local oil refinery companies are discussing the plan being pushed by energy policymakers to […]
Read MoreCambodia’s economy is expected to grow by 4.5 percent in 2022, according to the latest World Bank projections. Weathering the Oil Price Shock, the Bank’s June 2022 economic update for Cambodia, shows that while domestic economic activity and goods exports continue to recover from the slowdown caused by Covid-19, growth remains uneven, with the war […]
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Thailand
