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Cambodia: Gov’t likely to hike special loan to rice sector

The government’s special fund through the Agriculture and Rural Development Bank to the rice sector is expected to witness an increase to help further promote rice production. Chan Seiha, deputy director-general of the Agriculture and Rural Development Bank, said that the bank has disbursed $80 million loan to the rice sector this year. The one-year-period […]

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Thailand: Minister to mull noodle price hike

Commerce Minister Jurin Laksanawisit has ordered the Internal Trade Department to consider the request of makers of the five largest instant noodle brands to allow them to raise their prices in line with soaring production costs. But he personally argued a proposed hike by two baht per packet from 6 baht to 8 baht is considered […]

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Singapore non-oil exports grow at slower pace of 7% in July

SINGAPORE- Singapore’s key exports saw slower growth last month as shipments of non-electronic products eased, with analysts predicting the momentum will continue to cool in the coming months as the global economic landscape darkens. Non-oil domestic exports (Nodx) expanded 7 per cent year on year in July, with June’s growth revised down to 8.5 per cent from […]

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Thailand: Held rates to help vulnerable borrowers

While the higher cost of living has impacted vulnerable borrowers and driven some of them back to debt relief measures, banks’ current holding of interest rates unchanged will help ease their financial burden, said an executive of the Bank of Thailand. The borrowers, both individuals and businesses, who are in the banks’ debt assistance measures were […]

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