ANN/THE STAR – The United States (US) absorbed more than 44 per cent of Cambodia’s over-USD20-billion total non-gold exports in 2022, remaining the largest market destination, ahead of the European Union (EU), according to the Ministry of Economy and Finance. The ministry’s 2022 Socio-Economic Trends report indicates that non-gold exports totalled USD20.3441 billion last year, […]
Read MoreThe Board of Investment (BoI) is pushing ahead with a plan to lure foreign funds, with its recent roadshow in China targeting those in the electric vehicle (EV) and electronic businesses. “It was the first time the BoI organised a roadshow in China since the Covid-19 pandemic,” said Narit Therdsteerasukdi, secretary-general of the BoI. “China is […]
Read MoreEconomists are concerned that a surge in spending by households and offices over Lao New Year could drive up food prices even further and cause another uptick in inflation. People across the country are ready to party and make the most of the Lao New Year celebrations after three years of muted festivities because of […]
Read MoreKUALA LUMPUR, April 11 ― The monthly sales value of wholesale and retail trade grew 14.7 per cent to RM134.3 billion in February 2023, according to the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Mohd Uzir Mahidin attributed the increase to the retail trade sub-sector, which surpassed the other sub-sectors after expanding by […]
Read MoreMANILA, Philippines — Pressures on foreign exchange have largely dissipated, allowing monetary authorities to focus on taming inflation, according to the Bangko Sentral ng Pilipinas. BSP Governor Felipe Medalla said the picture is quite different now as the peso has emerged as the best performing currency in the region. The peso slumped by as much […]
Read MoreCambodia’s imports of oil, gas and coal rose by 7.8 percent in the first quarter of 2023, said a report from the General Department of Customs and Excise on Monday. The value of Cambodia’s imports of fuels totaled $870 million during the January-March period, up 7.8 percent from the same period last year, the report […]
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