Prior to the Covid-19 pandemic, Cambodia was a world leader in economic growth and poverty reduction. It sustained an average growth rate of 7.7% between 1995 and 2019, raising its per capita income from $323 in 1995 to $1,621 in 2019, and graduated to a lower-middle-income economy in 2015. The poverty rate fell from 47.8% in 2007 […]
Read MoreThe government is looking for additional sources of funding to finance its energy subsidies, as its financial assistance is running low while global oil prices are approaching US$100 a barrel. The Oil Fuel Fund Office (Offo) previously paid 7 billion baht a month to cap the diesel price at 29.94 baht a litre, compared with […]
Read MoreAs Southeast Asia is emerging as a new market for cross-border e-Commerce platforms, Singapore has placed itself in the midst of the action. Industry players see it as the preferred entry point to serve both local and regional markets as it offers a highly-reliable payment gateway and logistics services. The World Bank has also ranked […]
Read MoreOver 60 percent of the population is under 35 years old so it’s a very good opportunity for the e-economy to grow in Cambodia… the interaction between buyer and seller on e-commerce isn’t the same like people chatting at a local market. The mindset in Cambodia is such that people need to talk to each other […]
Read MoreManufacturers can fix their product prices without adjustment for another 1-2 months before seeing them rise and remain high for at least three months as a result of higher energy prices, according to the latest survey by the Federation of Thai Industries (FTI). Up to 40% of 150 FTI executives interviewed said they believe the […]
Read MoreKUALA LUMPUR, Feb 8 ― The ringgit opened higher against the US dollar today on buying interest despite falling crude oil prices, said an analyst. At 9.00am, the local currency was traded at 4.1820/1860 versus the greenback from Monday’s close of 4.1835/1850. At press time, Brent crude oil stood at US$92.65 per barrel, a decrease […]
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Thailand
