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Philippines’ GDP grows 7.7% y-o-y in Q4, beats forecast

[MANILA] The Philippine economy expanded faster than expected in the fourth quarter of 2021, with consumer spending picking up as the Covid-19 infection rate slowed ahead of the Christmas holidays, data showed on Thursday. The South-east Asian country’s gross domestic product rose 7.7 per cent in the December quarter from a year earlier, faster than […]

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Cambodian silk production attracts Japanese investment

The Japan-based iL BRiLLE expressed its desire to invest in Khmer silk production through the “Cambodian Golden Silk (CGS)” project working group. This statement was made during the visit of the Director of the Japanese company iL BRiLLE, Fumiaki Takahashi, and his colleagues with the Minister of Agriculture. Forestry and Fisheries, Veng Sakhon, on the […]

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Vietnam: New projects ramp up SME benefits

As domestic small and medium-sized enterprises retain a large thirst for capital supply, foreign institutions are pouring support into those able to bounce back in 2022. Validus, TTC Group, and Do Ventures last week established a joint venture to deepen financial inclusion for small and medium-sized enterprises (SMEs). Nikhilesh Goel, co-founder and group CEO of […]

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Cambodia exports over 366,000 tonnes of rubber in 2021

Cambodia exported 366,300 tonnes of rubber latex in 2021, an increase of 8 percent compared to the same period in 2020. According to the figures from the Ministry of Agriculture, Forestry and Fisheries, the export generated over $610 million. Currently, Cambodia has a total of 404,044 hectares of rubber plantations, of which 310,193 hectares or […]

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